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Prowood Limited

03271673

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

C/O GE ROBINSON & CO THURLOW SAWMILLS, SALFORD, M50 2XD
Incorporated 31/10/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16100
Sawmilling and planing of wood
46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Ian Macgregor Haldane

director · Since 26/10/2021

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 63

Also on 14 other boards

Mr David Owen Haldane

director · Since 02/11/2021

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 54

Also on 6 other boards

Mr Robert John Haldane

director · Since 18/11/2024

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 31

Also on 8 other boards

Mr Charles Francis Burns

director · Since 01/04/2025

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 55

Also on 5 other boards

Mr Christopher John Leslie Stewart

director · Since 10/04/2025

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 55

Also on 13 other boards

Persons with Significant Control

Prowood Holdings Limited

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

Units 2&3 Greenbank Business Park, Swan Lane, Hindley Green, WN2 4EZ

Reg: 12536294 · Companies House · Private Company Limited By Shares

Notified 22/04/2020

Former PSCs

Ms Kelly Lynn Short

Ceased 22/04/2020

Mr Peter Andrew Burns

Ceased 22/04/2020

Charges0 outstanding

charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/07/2010Registered 15/07/2010Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 15/07/2009Registered 23/07/2009Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 02/10/2008Registered 04/10/2008Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 21/07/2008Registered 30/07/2008Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 22/10/2007Registered 30/10/2007Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSSBANKEN AB (PUBL)

Created 01/06/2007Registered 08/06/2007Satisfied 20/11/2012
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 19/07/2004Registered 21/07/2004Satisfied 03/02/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1998Registered 20/04/1998Satisfied 16/12/2005

CompanyRankvs 18+ SIC 16100 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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

Going concern doubt: -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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£12.3M

Annual revenue

Net Worth

£6.8M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Profit Before Tax

£2.8M

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£8.3M

Current Liabilities

£1.8M

Fixed Assets

£320k

Debtors

£1.9M

Cost of Sales

£7.9M

Gross Profit

£4.4M

Admin Expenses

£1.5M

Operating Profit

£2.8M

Profit After Tax

£2.3M

35avg. employees+2

Tax at Year End

Corp tax£551k
Dividends paid£631k

People Costs

Wages & salaries£1.5M
NI contributions£172k

Balance Sheet

Assets less current liabilities£6.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20204.61+£1.7M
20194.39+£506k
20184.32

Derived from filed accounts. Not audited figures.