Out Of Wood Limited
04290658
Some Concerns
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Sophie Simmons
British · England · Age 49
2, Frances Street, Truro, TR1 3DN
Notified 06/10/2022
Mr Adam Simmons
British · England · Age 47
2, Frances Street, Truro, TR1 3DN
Notified 06/10/2022
Former PSCs
Mr Clive Martin
Ceased 06/10/2022
Nicola Martin
Ceased 06/10/2022
Charges1 outstanding
SWIG FINANCE LIMITED
CompanyRankvs 629+ SIC 31020 peers50
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£17k
Balance sheet strength
Cash
£89k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£83k
Fixed Assets
£26k
Debtors
£7k
Tax at Year End(2022)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | +£14k |
| 2024 | — | -£13k |
| 2023 | — | +£21k |
| 2022 | — | -£63k |
| 2021 | 1.69 | — |
Derived from filed accounts. Not audited figures.