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Warings Furniture Limited

04487406

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

THE FURNITURE STATION, LARLING, NR16 2RA
Incorporated 16/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Graham Waring

director · Since 16/07/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Mrs Rachael Waring

director · Since 16/07/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Stuart Paul Smith

director · Since 11/02/2008

SALES

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mrs Rachael Waring

secretary · Since 01/01/2020

Also on 1 other board

Persons with Significant Control

Mr Graham Waring

25–50% shares

British · England · Age 61

Swardeston House, Swardeston, Norwich, NR14 8DG

Notified 06/04/2016

Mrs Rachael Waring

25–50% shares

British · England · Age 58

Swardeston House, Swardeston, Norwich, NR14 8DG

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 17/03/2021Registered 31/03/2021
Charge
outstanding

BANK OF SCOTLAND PLC

Created 09/05/2019Registered 10/05/2019
Charge
satisfied

SIEMENS FINANCIAL SERVICES LIMITED

Created 01/03/2017Registered 06/03/2017Satisfied 05/05/2021
Charge
satisfied

BANK OF SCOTLAND PLC

Created 13/06/2016Registered 14/06/2016Satisfied 19/02/2019
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 24/09/2013Registered 27/09/2013Satisfied 19/02/2019
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 24/09/2013Registered 26/09/2013Satisfied 19/02/2019
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 24/09/2013Registered 26/09/2013Satisfied 19/02/2019
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 24/09/2013Registered 26/09/2013Satisfied 19/02/2019
charge
outstanding

BANK OF SCOTLAND PLC

Created 02/06/2008Registered 05/06/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/02/2004Registered 12/02/2004Satisfied 13/06/2008
charge
satisfied

BARCLAYS BANK PLC

Created 04/02/2003Registered 19/02/2003Satisfied 12/02/2004

CompanyRankvs 276+ SIC 31090 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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276Warings Furniture Limited
82
How is this score calculated?
Financial strength25/25 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.

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.

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 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.4M

Fixed Assets

£1.7M

Debtors

£853k

67avg. employees-4

Tax at Year End

Corp tax£227k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.78+£519k
20231.44+£295k
20221.22+£146k
20211.56—

Derived from filed accounts. Not audited figures.