The Hardwood Log Company Limited
03210910
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/10/2020
COMPANY DIRECTOR
BRITISH · WALES · Age 63
Also on 5 other boards
Persons with Significant Control
Mr Ian Morgan Bert Griffiths
British · Wales · Age 63
Pwllcaerog, Berea, Haverfordwest, SA62 6DG
Notified 14/10/2020
Former PSCs
Ms Christine Frances Wilkins
Ceased 14/10/2020
CompanyRankvs 1425+ SIC 02400 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 13/10/2025
Net Worth
-£22k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£24k
Current Liabilities
£46k
Fixed Assets
£8k
Debtors
£23k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.53 | +£3k |
| 2024 | 0.30 | +£965 |
| 2023 | 0.33 | -£2k |
| 2022 | 0.37 | -£2k |
| 2020 | 0.32 | — |
Derived from filed accounts. Not audited figures.