Timber Restoration Company Limited
05208502
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 06/02/2014
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Mr David Gibson
British · England · Age 53
Knoll House Union Wharf, Leicester Road, Market Harborough, LE16 7UW
Notified 06/04/2016
CompanyRankvs 5065+ SIC 43999 peers76
Show leaderboard
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 31/08/2024
Net Worth
£259k
Balance sheet strength
Cash
£363k
Cash in the bank
Net Current Assets
£279k
Working capital
Current Assets
£367k
Current Liabilities
£88k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.16 | +£17k |
| 2023 | 5.19 | +£67k |
| 2022 | 3.32 | +£56k |
| 2021 | 2.39 | +£20k |
| 2020 | 3.31 | — |
| 2019 | 2.33 | — |
| 2018 | 1.51 | — |
Derived from filed accounts. Not audited figures.