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Wharf Timber Limited

02937069

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE TIMBER YARD, STANFORD LE HOPE, SS17 0EQ
Incorporated 09/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Kevin David Sorenson

director · Since 09/06/1994

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mrs Carol Ann Wager

secretary · Since 01/07/2011

Persons with Significant Control

Mr Kevin Sorenson

25–50% shares

British · United Kingdom · Age 63

The Timber Yard, Stanford Le Hope, SS17 0EQ

Notified 06/04/2016

Mrs Suzanne Sorenson

25–50% shares

British · England · Age 64

The Timber Yard, Stanford Le Hope, SS17 0EQ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 01/02/2011Registered 05/02/2011
charge
satisfied

BARCLAYS BANK PLC

Created 23/01/2004Registered 30/01/2004Satisfied 19/09/2013

CompanyRankvs 660+ SIC 32990 peers
76

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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660Wharf Timber Limited
86
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.

Employees14/15 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 31/03/2025

Net Worth

£881k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£856k

Working capital

Current Assets

£1.3M

Current Liabilities

£467k

Fixed Assets

£126k

Debtors

£694k

19avg. employees

Tax at Year End

Corp tax-£4k

Balance Sheet

Assets less current liabilities£982k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.83+£5k
20243.65+£47k
20233.18+£225k
20221.74+£324k
20211.50—

Derived from filed accounts. Not audited figures.