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Low Cost Furniture Ltd.

00975043

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

4 GRAND CINEMA BUILDINGS, POOLE, BOURNEMOUTH, BH4 9DW
Incorporated 19/03/1970

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Roger Reginald John Axford

director · Since 06/06/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 2 other boards

Mrs Valerie Axford

secretary · Since 01/07/1993

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Mrs Valerie Axford

director · Since 11/11/1994

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 1 other board

Persons with Significant Control

Mr Roger Reginald John Axford

25–50% shares

British · United Kingdom · Age 83

4 Grand Cinema Buildings, Poole, Bournemouth, BH4 9DW

Notified 18/03/2017

Mrs Valerie Axford

25–50% shares

British · England · Age 82

4 Grand Cinema Buildings, Poole, Bournemouth, BH4 9DW

Notified 18/03/2017

Charges5 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 31/01/1992Registered 12/02/1992
charge
outstanding

J F HARDY

Created 28/10/1977Registered 03/11/1977
charge
outstanding

MRS Y A LUCAS

Created 28/10/1977Registered 03/11/1977
charge
outstanding

MIDLAND BANK LIMITED

Created 28/10/1977Registered 03/11/1977
charge
outstanding

MIDLAND BANK LIMITED

Created 18/01/1977Registered 24/01/1977

CompanyRankvs 44542+ SIC 68209 peers
55

Financial strength84th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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44542Low Cost Furniture Ltd.
65
How is this score calculated?
Financial strength21/25 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.

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.

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 28/02/2025

Net Worth

£229k

Balance sheet strength

Cash

£994

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£994

Current Liabilities

£5k

Fixed Assets

£233k

2avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£413

Balance Sheet

Assets less current liabilities£229k
Signed by Mrs Valerie Axford Mr Roger Axford 04/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21+£617
20240.05+£1k
20230.19-£2k
20220.28-£3k
20210.96-£7k
20201.95-£32k
201911.13—

Derived from filed accounts. Not audited figures.