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Fine Furniture Limited

01514766

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LONGWORTH HALL, HEREFORD, HR1 4DF
Incorporated 28/08/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Timothy John Hawkins

director · Since 06/04/2016

FURNITURE DESIGNER/MAKER

BRITISH · ENGLAND · Age 66

Ms Audrey Charlotte Simpson

director · Since 08/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Persons with Significant Control

Mr Timothy John Hawkins

75–100% shares
75–100% votes

British · England · Age 66

272, Ledbury Road, Hereford, HR1 1QL

Notified 06/04/2016

Former PSCs

Mr Peter Alan Hawkins Deceased

Ceased 01/09/2022

Mrs Eanswythe Margaret Hawkins Deceased

Ceased 30/06/2022

CompanyRankvs 3118+ SIC 31090 peers
47

Financial strength10th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.68× · 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 strength3/25 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.

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 31/03/2025

Net Worth

-£19k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£49k

Current Liabilities

£71k

Fixed Assets

£5k

Debtors

£216

Profit After Tax

£5k

2avg. employees

Tax at Year End(2022)

Corp tax£902

Director Loans

Company owes directors£62k

Balance Sheet

Assets less current liabilities-£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68+£5k
20240.68-£29k
20231.04-£32k
20222.04+£70k
20210.72-£3k
20200.68+£7k
20190.67-£40k
20171.39

Derived from filed accounts. Not audited figures.