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Likewise Floors Limited

03220392

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

C/O LIKEWISE GROUP PLC UNIT 4 RADIAL PARK, RADIAL WAY, SOLIHULL, B37 7WN
Incorporated 04/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment

Officers

Mr Anthony John Brewer

director · Since 18/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 8 other boards

Adrian Marcus Laffey

director · Since 18/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Ben Baker-Ashforth

secretary · Since 16/01/2025

Persons with Significant Control

Likewise Group Plc

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

Unit 4, Radial Park, Radial Way, Birmingham, B37 7WN

Reg: 08010067 · England And Wales · Public Limited Company

Notified 18/04/2019

Former PSCs

Mr Glen Andrew Toomes

Ceased 18/04/2019

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC (AS SECURITY AGENT)

Created 20/04/2026Registered 22/04/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/01/2023Registered 01/02/2023
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 31/01/2020Registered 31/01/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2018Registered 23/11/2018Satisfied 17/08/2021
Charge
satisfied

LLOYDS BANK PLC

Created 30/04/2015Registered 07/05/2015Satisfied 18/12/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/06/2002Registered 26/06/2002Satisfied 08/03/2018

CompanyRankvs 4000+ SIC 46470 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.01× · 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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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.

Employees0/15 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

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform

Key FinancialsYear ending 31/03/2019

Turnover

£20.4M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£65k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£7.0M

Current Liabilities

£3.5M

Fixed Assets

£942k

Debtors

£2.2M

Cost of Sales

£15.3M

Gross Profit

£5.1M

Admin Expenses

£3.0M

Operating Profit

£1.1M

Profit After Tax

£875k

Tax at Year End

Corp tax£189k

People Costs

Wages & salaries£1.4M
NI contributions£106k

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£4.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20192.01

Derived from filed accounts. Not audited figures.