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Nicholson & Underwood Limited

04526368

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SOUTHLANDS, BRIGHTON ROAD, HORSHAM, RH13 8HD
Incorporated 04/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43390
Other building completion and finishing

Officers

John David Underwood

director · Since 04/09/2002

DIRECTOR

BRITISH · ENGLAND · Age 53

Mrs Nicola Underwood

director · Since 01/09/2019

COMPANY SECRETARY/ DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

John David Underwood

50–75% shares

British · England · Age 53

Southlands, Brighton Road, Horsham, RH13 8HD

Notified 01/07/2016

Mrs Nicola Underwood

25–50% shares

British · England · Age 53

Southlands, Brighton Road, Horsham, RH13 8HD

Notified 01/09/2019

Former PSCs

John Underwood

Ceased 31/08/2019

CompanyRankvs 985+ SIC 43341 peers
76

Financial strength87th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength22/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£60k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£74k

Current Liabilities

£64k

Fixed Assets

£51k

3avg. employees-2

Balance Sheet

Assets less current liabilities£61k
Signed by Mrs Nicola Underwood 8 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16-£3k
20241.87+£40k
20231.78+£3k
20221.45+£8k
20211.09-£6k
20201.14+£22k
2019-0.85

Derived from filed accounts. Not audited figures.