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Ian Wood Memorials Ltd

04944898

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

307A HYLTON ROAD, SUNDERLAND, SR4 7SL
Incorporated 27/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Ian Wood

secretary · Since 27/10/2003

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Daniel Wood

director · Since 27/10/2003

MONUMENTAL SCULPTOR

BRITISH · ENGLAND · Age 40

Ian Wood

director · Since 27/10/2003

MONUMENTAL SCULPTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Ryan Wood

director · Since 09/05/2014

STONE MASON

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Ian Wood

75–100% shares

British · United Kingdom · Age 65

13, Woodlands Park Drive, Blaydon-On-Tyne, NE21 5PQ

Notified 30/09/2016

CompanyRankvs 9073+ SIC 32990 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.45× · 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 strength1/25 pts

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

Employees11/15 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 31/03/2025

Net Worth

-£140k

Balance sheet strength

Cash

£171k

Cash in the bank

Net Current Assets

-£211k

Working capital

Current Assets

£171k

Current Liabilities

£382k

Fixed Assets

£96k

5avg. employees

Tax at Year End

VAT£614

Balance Sheet

Intangible assets£4k
Bank loans & overdrafts£25k
Assets less current liabilities-£115k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.45-£70k£12k
20240.71-£26k
2023£105k

Derived from filed accounts. Not audited figures.