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Industrial Wood Coatings Limited

03928711

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 AMBROSE HOUSE, GLOUCESTER,, GL4 3GG
Incorporated 18/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Philip John Taylor

secretary · Since 31/03/2017

Mr Graham Colin Morris

director · Since 31/03/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 6 other boards

Persons with Significant Control

Symphony Coatings Group Limited

75–100% shares
75–100% votes

Unit 3 Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester,, GL4 3GG

Reg: 08989297 · Register Of Companies · Limited

Notified 23/02/2024

Former PSCs

Christopher John Benfield

Ceased 30/12/2022

Symphony Coatings Group Limited

Ceased 30/12/2022

Mr Graham Colin Morris

Ceased 23/02/2024

CompanyRankvs 181+ SIC 20301 peers
63

Financial strength56th percentile among SIC peers · 14/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/12/2022

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£105k

Current Liabilities

£69k

0avg. employees

Balance Sheet

Assets less current liabilities£35k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20221.51-£45k
20212.12+£7k
20202.30+£11k
201924.39-£500
201829.93

Derived from filed accounts. Not audited figures.