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Wessex Tree Surgeons Limited

03242861

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

THE GRANARY UPCOTT FARM, BARNSTAPLE, EX32 7QA
Incorporated 28/08/1996

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 22/02/2025

Due 08/03/2026

Overdue

Industry

02200
Logging

Officers

Mr Steven Facey

director · Since 11/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Steven Facey

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

British · England · Age 53

The Granary, Upcott Farm, Barnstaple, EX32 7QA

Notified 11/11/2022

Former PSCs

Gary Snellgrove

Ceased 11/11/2022

Pamela Jane Snellgrove

Ceased 11/11/2022

Charges1 outstanding

Charge
outstanding

SWIG FINANCE LIMITED

Created 12/12/2022Registered 15/12/2022

CompanyRankvs 496+ SIC 02200 peers
24

Financial strength3th percentile among SIC peers · 1/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.22× · 2/20
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 strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/08/2024

Net Worth

-£130k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£232k

Working capital

Current Assets

£64k

Current Liabilities

£296k

Fixed Assets

£213k

Debtors

£17k

0avg. employees

Tax at Year End

VAT£90k

Balance Sheet

Intangible assets£9k
Bank loans & overdrafts£110k
Assets less current liabilities-£19k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.22-£65k£1.8M
20230.29£582k

Derived from filed accounts. Not audited figures.