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Chairs Limited

02714841

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

METCALF DRIVE, ACCRINGTON, BB5 5TU
Incorporated 14/05/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499

Officers

Mr David Bovingdon

director · Since 18/05/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 2 other boards

Mrs Diane Wendy Bovingdon

director · Since 18/05/1992

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Kathleen Murphy

secretary · Since 16/08/2018

Miss Claudia Bovingdon

director · Since 16/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mr Daniel Bovingdon

director · Since 16/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mrs Faye Bovingdon-Bryant

director · Since 16/12/2019

DIRECTOR

BRITISH · SCOTLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Simonstone Estate Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Metcalf Drive, Altham Industrial Estate Altham, Accrington, BB5 5TU

Reg: 09410136 · England And Wales · Limited Company

Notified 01/05/2016

Charges1 outstanding

charge
satisfied

THE TRUSTEES OF THE CHAIRS LIMITED DIRECTORS PENSION SCHEME

Created 01/03/2010Registered 03/03/2010Satisfied 11/01/2017
charge
outstanding

DIANE WENDY RHODES BOVINGDON & DAVID BOVINGDON

Created 01/03/2010Registered 03/03/2010
charge
satisfied

THE TRUSTEES OF THE CHAIRS LIMITED DIRECTORS PENSION SCHEME

Created 24/02/2010Registered 02/03/2010Satisfied 31/07/2015
charge
satisfied

DAVID BOVINGDON AND DIANE WENDY BOVINGDON AND BARNETT WADDINGHAM TRUSTEES LIMITED

Created 05/04/2006Registered 18/04/2006Satisfied 28/05/2011
charge
satisfied

DAVID BOVINGDON AND DIANE WENDY BOVINGDON AND BARNETT WADDINGHAM TRUSTEES LIMITED

Created 13/08/2004Registered 28/08/2004Satisfied 05/04/2011
charge
satisfied

YORKSHIRE BANK PLC

Created 30/04/2004Registered 06/05/2004Satisfied 12/08/2014
charge
satisfied

YORKSHIRE BANK PLC

Created 01/10/1992Registered 15/10/1992Satisfied 28/10/2005
charge
satisfied

YORKSHIRE BANK PLC

Created 16/09/1992Registered 23/09/1992Satisfied 14/08/2023

CompanyRankvs 18+ SIC 46499 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.61× · 20/20
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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4I.Grunwerg Limited
90
5Ks Brands Limited
90
6Tallon International Limited
90
7Groves Of Thame Limited
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8Asiatic Carpets Limited
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9Floralsilk Limited
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10Roper Rhodes Limited
90
18Chairs Limited
90
How is this score calculated?
Financial strength25/25 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 30/09/2025

Turnover

£52.0M

Annual revenue

Net Worth

£24.5M

Balance sheet strength

Cash

£6.1M

Cash in the bank

Profit Before Tax

-£7.2M

Bottom line earnings

Net Current Assets

£19.5M

Working capital

Current Assets

£31.6M

Current Liabilities

£12.1M

Fixed Assets

£5.0M

Debtors

£4.5M

Cost of Sales

£31.6M

Gross Profit

£20.3M

Admin Expenses

£25.0M

Operating Profit

-£7.4M

Profit After Tax

-£6.1M

165avg. employees-10

Tax at Year End

Dividends paid-£5.0M

People Costs

Wages & salaries£18.0M
NI contributions£2.4M

Balance Sheet

Assets less current liabilities£24.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.61-£6.1M
20242.91-£5.1M
20236.47+£91k
20224.19—

Derived from filed accounts. Not audited figures.