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Woolovers Limited

03445676

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WOOL OVERS HOUSE, BURGESS HILL, RH15 9NB
Incorporated 07/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael David Lester

director · Since 12/01/2018

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 51

Also on 14 other boards

Mr Mark Frederick Caroe

director · Since 22/10/2021

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 64

Also on 20 other boards

Mr Stephen Peter Kehl

director · Since 05/01/2023

FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 13 other boards

Persons with Significant Control

Wourth Group Limited

75–100% shares

Woolovers House, Victoria Gardens, Burgess Hill, RH15 9NB

Reg: 09369753 · Registrar Of Companies (England And Wales) · Limited Company

Notified 01/08/2024

Former PSCs

Olive Bidco Limited

Ceased 01/08/2024

Charges1 outstanding

Charge
outstanding

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LLOYDS BANK PLC

Created 21/09/2022Registered 29/09/2022Satisfied 23/03/2026
Charge
satisfied

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satisfied

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Created 21/08/2013Registered 23/08/2013Satisfied 01/10/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 19/08/2000Registered 01/09/2000Satisfied 25/06/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/03/1999Registered 26/03/1999Satisfied 21/02/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/02/1999Registered 02/03/1999Satisfied 21/02/2013

CompanyRankvs 746+ SIC 47910 peers
67

Financial strength100th percentile among SIC peers · 25/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.18× · 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.

Employees12/15 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

repaid. These cash flow forecasts are before any additional amounts are transferred out as part of the group treasury function. Furthermore, in assessing the Company's ability to continue as a going concern, given the existence of a group treasury function and the support this can provide, the directors have made reference to the going concern note as disclosed in Wourth Group Limited as sh

Key FinancialsYear ending 29/03/2025

Net Worth

£15.6M

Balance sheet strength

Cash

£544k

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£14.0M

Working capital

Current Assets

£25.8M

Current Liabilities

£11.9M

Fixed Assets

£1.7M

Debtors

£18.0M

Admin Expenses

£13.4M

Profit After Tax

£1.5M

2avg. employees-207

Tax at Year End

Corp tax£334k

People Costs

Wages & salaries£7.0M

Balance Sheet

Intangible assets£263k
Bank loans & overdrafts£2.5M
Assets less current liabilities£15.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.18+£3.2M
20242.03+£1.1M
20232.02+£2.0M
20221.89+£1.3M
20211.73+£2.1M
20201.85

Derived from filed accounts. Not audited figures.