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Decorating Masters Limited

00936115

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

36 HALF MOON LANE, LONDON, SE24 9HU
Incorporated 25/07/1968

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

42990
Construction of other civil engineering projects
43310
Plastering
43341
Painting
43342
Glazing

Officers

Mr Steven David Thorpe

director · Since 24/08/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Mrs June Thorpe

secretary · Since 31/10/2007

COMPANY SECRETARY

BRITISH · Age 83

Also on 3 other boards

Persons with Significant Control

Thorpe Group Limited

75–100% shares
75–100% votes
Appoint directors

36, Half Moon Lane, London, SE24 9HU

Reg: 3635695 · United Kingdom · Limited Company

Notified 06/04/2016

Former PSCs

Mr Steve Thorpe

Ceased 24/08/2016

Charges1 outstanding

charge
outstanding

THORPE GROUP LIMITED

Created 13/06/2008Registered 25/06/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/03/1983Registered 23/03/1983Satisfied 22/01/2005

CompanyRankvs 2029+ SIC 42990 peers
64

Financial strength63th percentile among SIC peers · 16/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2029Decorating Masters Limited
74
How is this score calculated?
Financial strength16/25 pts

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

Employees8/15 pts

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

Liquidity20/20 pts

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

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£33k

Balance sheet strength

Cash

£804k

Cash in the bank

Net Current Assets

£831k

Working capital

Current Assets

£1.1M

Current Liabilities

£313k

Fixed Assets

£1.5M

Debtors

£340k

2avg. employees

Tax at Year End

Corp tax£118k

Balance Sheet

Assets less current liabilities£2.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66-£798k
20230.71-£117k
20230.86+£866k
20220.70-£50k
20210.75-£60k
20200.78+£15k
20190.82+£58k
20170.78—

Derived from filed accounts. Not audited figures.