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Alternative Finishes Limited

03892427

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 1 HORBURY BRIDGE MILLS BRIDGE ROAD, WAKEFIELD, WF4 5RW
Incorporated 10/12/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Steven Nolan

director · Since 10/12/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Steven Nolan

Significant control

British · England · Age 54

Unit 1 Horbury Bridge Mills, Bridge Road, Wakefield, WF4 5RW

Notified 06/04/2016

Mrs Caroline Diane Nolan

25–50% shares

British · England · Age 53

Unit 1 Horbury Bridge Mills, Bridge Road, Wakefield, WF4 5RW

Notified 30/10/2020

Former PSCs

Mrs Caroline Diane Nolan

Ceased 29/12/2025

Mr Martyn Kenna

Ceased 30/10/2020

Mrs Judith Mauricia Kenna

Ceased 30/10/2020

Charges2 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 13/11/2020Registered 13/11/2020
Charge
outstanding

HSBC UK BANK PLC

Created 13/07/2020Registered 14/07/2020

CompanyRankvs 86+ SIC 43341 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.28× · 20/20
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 strength24/25 pts

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

Employees15/15 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 31/03/2025

Net Worth

£317k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£399k

Working capital

Current Assets

£711k

Current Liabilities

£312k

Fixed Assets

£34k

Debtors

£689k

13avg. employees

Balance Sheet

Assets less current liabilities£433k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.28+£14k
20242.58+£53k
20232.74-£153k
20223.06+£13k
20214.15+£42k
20203.38+£5k
20192.95

Derived from filed accounts. Not audited figures.