Carpet Cuts Limited
00889328
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/01/1992
SPECIALIST CARPET FITTER
IRISH · UNITED KINGDOM · Age 67
Also on 2 other boards
Persons with Significant Control
Mr Eric Watts
British · England · Age 82
118, Main Road, Ipswich, IP5 1BN
Notified 06/04/2016
CompanyRankvs 1072+ SIC 47599 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£51k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£32k
Working capital
Current Assets
£115k
Current Liabilities
£83k
Fixed Assets
£19k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | -£25k |
| 2023 | 2.49 | -£2k |
| 2022 | 2.19 | +£12k |
| 2021 | 1.77 | — |
Derived from filed accounts. Not audited figures.