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Michael Williams Decorators Limited

04967849

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

46 HIGH STREET, CARLBY, LINCOLNSHIRE, PE9 4LX
Incorporated 18/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Michael Williams

director · Since 18/11/2003

PAINTER AND DECORATOR

BRITISH · ENGLAND · Age 76

Mr Lucas Jay Williams

director · Since 16/06/2014

PAINTER

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Michael Williams

25–50% shares

British · England · Age 76

46 High Street, Carlby, Lincolnshire, PE9 4LX

Notified 06/04/2016

Mr Lucas Jay Williams

25–50% shares

British · England · Age 34

46 High Street, Carlby, Lincolnshire, PE9 4LX

Notified 22/06/2024

CompanyRankvs 1520+ SIC 43341 peers
76

Financial strength71th percentile among SIC peers · 18/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.56× · 16/20
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 strength18/25 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.

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.

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

£14k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£34k

Current Liabilities

£22k

Fixed Assets

£16k

Debtors

£380

3avg. employees+1

Balance Sheet

Assets less current liabilities£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56+£12k
20230.82-£10k
20221.36-£390
20211.16+£3k
20200.77+£480
20190.60+£865
20180.44

Derived from filed accounts. Not audited figures.