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Nigel Witham Ltd

04310603

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

SUITE A, MILDENHALL, IP28 7DE
Incorporated 24/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture
71111
Architectural activities

Officers

Mr Nigel John Witham

director · Since 25/10/2001

DESIGNER

BRITISH · SCOTLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Nigel John Witham

Significant control
significant-influence-or-control-as-firm

British · Scotland · Age 63

Suite A, 82 James Carter Road, Mildenhall, IP28 7DE

Notified 06/04/2016

CompanyRankvs 3224+ SIC 31090 peers
42

Financial strength30th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength8/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/10/2024

Net Worth

£2

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£5k

Current Liabilities

£79k

Fixed Assets

£5k

Debtors

£5k

0avg. employees

Balance Sheet

Assets less current liabilities-£70k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.06
20230.06
20220.06
20210.06
20200.06
20190.06
20180.06

Derived from filed accounts. Not audited figures.