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Orchard Housewares Limited

14963802

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

80 COMMERCIAL SQUARE, LEICESTER, LE2 7SR
Incorporated 27/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Dipakkumar Dullabhji Lakhani

director · Since 27/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Mrs Pratibha Lakhani

director · Since 27/06/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 3 other boards

Persons with Significant Control

Mr Dipakkumar Dullabhji Lakhani

25–50% shares
25–50% votes
Appoint directors

British · England · Age 69

80, Commercial Square, Leicester, LE2 7SR

Notified 27/06/2023

Mrs Pratibha Lakhani

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 70

80, Commercial Square, Leicester, LE2 7SR

Notified 27/06/2023

CompanyRankvs 20744+ SIC 46900 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£302k

Balance sheet strength

Cash

£405k

Cash in the bank

Net Current Assets

-£336k

Working capital

Current Assets

£512k

Current Liabilities

£847k

Fixed Assets

£36k

Debtors

£71k

4avg. employees

Balance Sheet

Assets less current liabilities-£299k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60-£187k
20230.73

Derived from filed accounts. Not audited figures.