Westmead Decorating Services Limited
04535365
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2008
PAINTER AND DECORATOR
BRITISH · UNITED KINGDOM · Age 43
Persons with Significant Control
Mr Martin John Paffey
British · England · Age 75
1, Westmead Road, Chichester, PO19 3JD
Notified 01/08/2016
Mr Brett John Paffey
British · United Kingdom · Age 43
1 Westmead Road, Fishbourne, Chichester, PO19 3JD
Notified 03/03/2023
CompanyRankvs 2228+ SIC 43341 peers67
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£9k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£15k
Current Liabilities
£7k
Fixed Assets
£420
Debtors
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.29 | +£225 |
| 2023 | 2.29 | +£3k |
| 2022 | 2.59 | +£1k |
| 2021 | 1.33 | +£2k |
| 2020 | 1.33 | +£955 |
| 2019 | 1.14 | -£2k |
| 2018 | 1.27 | — |
Derived from filed accounts. Not audited figures.