Necessary Furniture
03886547
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/11/2025
Due 14/12/2026
Industry
Officers
director · Since 09/06/2003
LOCAL AUTHORITY EDUCATIONAL OF
BRITISH · UNITED KINGDOM · Age 81
Also on 1 other board
director · Since 08/08/2022
DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 1 other board
director · Since 25/11/2024
OPERATIONS MANAGER
BRITISH · ENGLAND · Age 46
Also on 1 other board
Mr Paul Granville Catley Glover
director · Since 15/06/2026
BRITISH · ENGLAND · Age 56
Mr Dermot Gary Hickland
director · Since 15/06/2026
BRITISH · ENGLAND · Age 57
Mrs Cheryl Anne Howard
director · Since 15/06/2026
BRITISH · ENGLAND · Age 51
CompanyRankvs 331+ SIC 88990 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires man
Key FinancialsYear ending 31/03/2025
Net Worth
£182k
Balance sheet strength
Cash
£201k
Cash in the bank
Net Current Assets
£172k
Working capital
Current Assets
£217k
Current Liabilities
£45k
Fixed Assets
£10k
Debtors
£16k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.82 | -£24k |
| 2024 | 4.94 | +£25k |
| 2023 | 4.81 | — |
Derived from filed accounts. Not audited figures.