Chapel Works Limited
01218317
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/12/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 84
Also on 1 other board
Persons with Significant Control
Maureen Anderson
British · United Kingdom · Age 84
Chapel Works Front Street, Newcastle Upon Tyne, NE16 6LX
Notified 01/12/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1360+ SIC 46480 peers25
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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.
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 31/03/2025
Net Worth
-£316k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£75k
Working capital
Current Assets
£4k
Current Liabilities
£80k
Fixed Assets
£3
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£2k |
| 2024 | 0.08 | -£642 |
| 2023 | 0.08 | -£402 |
| 2022 | Infinity | -£778 |
| 2021 | 0.03 | -£996 |
| 2020 | 0.14 | +£8k |
| 2019 | 0.04 | — |
Derived from filed accounts. Not audited figures.