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New Line Sheds Limited

02488710

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EPPING HOUSE, READING, RG1 7XG
Incorporated 03/04/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Maria Elizabeth Ann Wilkinson

secretary · Since 03/04/1992

BRITISH

Also on 1 other board

Mr Brian Andrew Wilkinson

director · Since 06/04/2017

WOODWORKER

ENGLISH · ENGLAND · Age 50

Mr Richard James Wilkinson

director · Since 06/04/2017

WOOD WORKER

ENGLISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Maria Wilkinson

25–50% shares

English · England · Age 71

49, Newbery Close, Reading, RG31 6JN

Notified 02/07/2016

Former PSCs

Mr Brian William Wilkinson

Ceased 02/05/2025

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 26/01/2003Registered 08/02/2003

CompanyRankvs 1845+ SIC 32990 peers
69

Financial strength67th percentile among SIC peers · 17/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 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.

Liquidity20/20 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 01/11/2024

Net Worth

£73k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£130k

Current Liabilities

£59k

Fixed Assets

£3k

8avg. employees

Balance Sheet

Assets less current liabilities£73k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.20+£11k
20231.74+£117
20221.53+£28k
20211.18

Derived from filed accounts. Not audited figures.