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Price & Pierce Forest Products Ltd

03841742

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

GRIFFIN HOUSE, WOKING, GU21 6BS
Incorporated 15/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials
46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Daniel Adam Kraft

director · Since 17/05/2019

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 61

Also on 2 other boards

Mr Matthew David Wallace

secretary · Since 25/02/2022

Mr Tim Shave

director · Since 22/02/2024

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

International Forest Products Llc

75–100% shares

One, Patriot Place, Foxboro

Reg: 51-0116640 · Delaware · Limited Liability Company

Notified 17/05/2019

Former PSCs

Mr Stephen Pitt

Ceased 28/06/2019

K.B.Holdings Inc

Ceased 17/05/2019

Charges3 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 13/05/2014Registered 14/05/2014
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 13/05/2014Registered 14/05/2014
Charge
outstanding

HSBC BANK PLC

Created 29/04/2014Registered 01/05/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 07/06/2000Registered 15/06/2000Satisfied 10/05/2014
charge
satisfied

KB HOLDINGS INC.

Created 01/03/2000Registered 15/03/2000Satisfied 06/12/2018

CompanyRankvs 42+ SIC 46130 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.5× · 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.

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

Outstanding charges: -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 31/12/2025

Turnover

£39.4M

Annual revenue

Net Worth

£14.5M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£14.3M

Working capital

Current Assets

£17.5M

Current Liabilities

£3.2M

Fixed Assets

£168k

Debtors

£5.7M

Cost of Sales

£35.6M

Gross Profit

£3.8M

Admin Expenses

£1.7M

Operating Profit

£2.1M

Profit After Tax

£1.6M

17avg. employees+1

Tax at Year End

Corp tax£38k

People Costs

Wages & salaries£1.0M
NI contributions£122k

Balance Sheet

Assets less current liabilities£14.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20255.50+£1.6M
20245.62+£1.6M
20235.29+£385k
20223.25-£969k
20212.12+£8.4M
20191.50

Derived from filed accounts. Not audited figures.