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Sherman & Young (Timber) Limited

03548636

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SOUGHERS LANE, WIGAN, WN4 0JX
Incorporated 17/04/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mrs Irene Doris Phillips

secretary · Since 24/04/1998

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 88

Also on 4 other boards

Mr Neil Martin Phillips

director · Since 24/04/1998

ENGINEER

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Mrs Sharon Phillips

director · Since 01/12/2016

COMPANY DIRECTOR

SOUTH AFRICAN · UNITED KINGDOM · Age 48

Also on 3 other boards

Persons with Significant Control

Phillips Holdings (Nw) Limited

75–100% shares
75–100% votes

Redgate Road South Lancs Industrial Estate, Bryn, Nr Wigan, WN4 8DT

Reg: 08638234 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 05/02/2014Registered 08/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/12/2007Registered 22/12/2007Satisfied 27/02/2014

CompanyRankvs 77+ SIC 46730 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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77Sherman & Young (Timber) Limited
87
How is this score calculated?
Financial strength23/25 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£339k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.1M

Current Liabilities

£899k

Fixed Assets

£486k

Debtors

£1.4M

16avg. employees+1

Tax at Year End

Corp tax£42k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.35+£11k
20232.45+£12k
20222.55+£66k
20212.26+£467k
20202.24+£165k
20192.05+£55k
20181.92—

Derived from filed accounts. Not audited figures.