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Thornell (Veneers) Limited

01281015

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

RUSHEY LANE, BIRMINGHAM, B11 2BL
Incorporated 11/10/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Mr Christopher Grant Thornell

director · Since 01/01/1996

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mrs Joanna Thornell

director · Since 28/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Thornell Veneers (Holdings) Limited

75–100% shares
75–100% votes

Lifford Hall Lifford Lane, Kings Norton, Birmingham, B30 3JN

Reg: 13262855 · England And Wales · Private Company Limited By Shares

Notified 21/04/2021

Former PSCs

Mr Christopher Grant Thornell

Ceased 21/04/2021

Charges0 outstanding

charge
satisfied

WILLIAMS & GLYN'S BANK PLC

Created 02/09/1982Registered 07/09/1982Satisfied 02/02/2018

CompanyRankvs 536+ SIC 16290 peers
67

Financial strength77th percentile among SIC peers · 19/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

Liquidity6/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£149k

Balance sheet strength

Cash

£248k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£371k

Current Liabilities

£390k

Fixed Assets

£192k

Debtors

£108k

7avg. employees

Balance Sheet

Assets less current liabilities£173k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£2k
20230.99-£206k
20221.86-£26k
20212.13-£81k
20202.75+£2k
20193.13+£2k
20183.11

Derived from filed accounts. Not audited figures.