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Fulham Timber Merchants Limited

01800684

active
Private Limited Company
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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 9 ELLERSLIE SQUARE INDUSTRIAL ESTATE, LONDON, SW2 5DZ
Incorporated 16/03/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16100
Sawmilling and planing of wood
46130
Agents involved in the sale of timber and building materials

Officers

Mr Angel Grundman

director · Since 10/04/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Mr Lello Nicolaou

director · Since 10/04/1992

TIMBER MERCHANT

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Mr Lello Nicolaou

secretary · Since 28/02/2001

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Persons with Significant Control

Mr Angel Grundman

50–75% shares

British · United Kingdom · Age 72

Unit 9, Ellerslie Square Industrial Estate, London, SW2 5DZ

Notified 06/04/2016

Mr Lello Nicolaou

Significant control

British · United Kingdom · Age 67

Unit 9, Ellerslie Square Industrial Estate, London, SW2 5DZ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 25/11/2019Registered 04/12/2019
Charge
satisfied

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Created 23/01/2014Registered 29/01/2014Satisfied 10/11/2021
charge
satisfied

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Created 18/04/2012Registered 25/04/2012Satisfied 10/11/2021
charge
satisfied

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Created 18/04/2012Registered 25/04/2012Satisfied 10/11/2021
charge
satisfied

BARCLAYS BANK PLC

Created 01/07/2004Registered 16/07/2004Satisfied 16/04/2021
charge
satisfied

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Created 01/07/2004Registered 16/07/2004Satisfied 10/11/2021

CompanyRankvs 63+ SIC 16100 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£13.8M

Annual revenue

Net Worth

£7.2M

Balance sheet strength

Cash

£213k

Cash in the bank

Profit Before Tax

-£821k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£3.4M

Current Liabilities

£2.3M

Fixed Assets

£6.4M

Debtors

£1.9M

Cost of Sales

£8.1M

Gross Profit

£5.7M

Admin Expenses

£6.5M

Operating Profit

-£804k

Profit After Tax

-£673k

89avg. employees-5

Tax at Year End

Dividends paid£280k

People Costs

Wages & salaries£2.8M
NI contributions£288k

Balance Sheet

Assets less current liabilities£7.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51-£673k
20231.76

Derived from filed accounts. Not audited figures.