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Phillips Joinery Limited

02629911

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

PLOT 9, DERBY ROAD, DE6 1HA
Incorporated 17/07/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Jack David Sweeney

director · Since 05/11/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 6 other boards

Persons with Significant Control

Phillips Joinery Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

7, Fielders Close, Banbury, OX16 9JG

Reg: 16615062 · Register Of Companies · Limited Company

Notified 26/02/2026

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 05/11/2025Registered 07/11/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/05/2011Registered 21/05/2011Satisfied 02/07/2025
charge
satisfied

LLOYDS BANK PLC

Created 03/10/1991Registered 17/10/1991Satisfied 02/07/2025

CompanyRankvs 473+ SIC 32990 peers
77

Financial strength89th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.07× · 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 strength22/25 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.

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 31/12/2024

Net Worth

£893k

Balance sheet strength

Cash

£580k

Cash in the bank

Net Current Assets

£826k

Working capital

Current Assets

£1.6M

Current Liabilities

£775k

Fixed Assets

£264k

Debtors

£602k

Profit After Tax

£127k

48avg. employees

Tax at Year End

Corp tax£26k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07-£136k
20232.35+£199k
20222.17+£72k
20212.41

Derived from filed accounts. Not audited figures.