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Truewood Joinery Limited

04678938

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT B3 CENTREPOINT, SHREWSBURY, SY1 3BF
Incorporated 26/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Ian Richard Standard

director · Since 26/02/2003

JOINER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Ian Richard Standard

75–100% shares
75–100% votes

British · United Kingdom · Age 56

Unit B3, Centrepoint, Shrewsbury, SY1 3BF

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/07/2012Registered 17/07/2012Satisfied 30/07/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/07/2012Registered 17/07/2012Satisfied 30/07/2019

CompanyRankvs 54+ SIC 43320 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.66× · 20/20
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 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.

Liquidity20/20 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 28/02/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.3M

Current Liabilities

£492k

Fixed Assets

£63k

Debtors

£717k

Profit After Tax

£302k

12avg. employees

Tax at Year End

Corp tax£155k
Dividends paid£96k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20254.66+£378k
20246.51+£205k
20234.61+£368k
20225.40+£78k
20215.67+£25k
20204.04+£125k
20193.89

Derived from filed accounts. Not audited figures.