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Acorn Works Limited

03622898

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

37 TURBINE WAY, SWAFFHAM, PE37 7XD
Incorporated 27/08/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Stephen Bruce Tomlin

director · Since 01/10/2008

CONTRACTS

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Patrick Charles Davis

director · Since 16/08/2022

JOINER

BRITISH · ENGLAND · Age 41

Mr Liam Christopher Joel Reynolds

director · Since 16/08/2022

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Stephen Bruce Tomlin

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 62

37 Turbine Way, Ecotech Innovation Business Park, Swaffham, PE37 7XD

Notified 06/04/2016

Former PSCs

Mr Paul Andrew Mitchell

Ceased 11/05/2021

Charges4 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 16/01/2019Registered 24/01/2019Satisfied 04/05/2021
charge
outstanding

BRECKLAND DISTRICT COUNCIL

Created 08/01/2004Registered 10/01/2004
charge
outstanding

BRECKLAND DISTRICT COUNCIL

Created 12/09/2002Registered 14/09/2002
charge
outstanding

BRECKLAND DISTRICT COUNCIL

Created 04/05/2001Registered 05/05/2001
charge
outstanding

BRECKLAND DISTRICT COUNCIL

Created 18/09/2000Registered 19/09/2000

CompanyRankvs 5226+ SIC 43290 peers
61

Financial strength85th percentile among SIC peers · 21/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.68× · 16/20
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 strength21/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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 31/05/2025

Net Worth

£89k

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£167k

Current Liabilities

£99k

Fixed Assets

£36k

Debtors

£52k

1avg. employees

Tax at Year End

Corp tax£33k

Balance Sheet

Assets less current liabilities£104k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68-£14k
20242.42-£99k
20233.11+£48k
20221.84
20211.54
20206.00-£43k
20194.93

Derived from filed accounts. Not audited figures.