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Own Designs Ltd

15213086

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 GLAMORGAN CLOSE, MITCHAM, CR4 1XG
Incorporated 16/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Faizan Ahmad

director · Since 18/07/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 7 other boards

Persons with Significant Control

Mr Faizan Ahmad

75–100% shares

British · England · Age 38

1, Glamorgan Close, Mitcham, CR4 1XG

Notified 18/07/2024

Former PSCs

Mr Shahzad Ali

Ceased 18/07/2024

CompanyRankvs 34134+ SIC 74100 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength2/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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 31/10/2024

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£100

Current Liabilities

£18k

1avg. employees

Balance Sheet

Total assets£100

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.