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Woodpecker Joinery Ltd

05340294

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CHANCERY STATION HOUSE, LONDON, WC1V 6AX
Incorporated 24/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Michael Howard Reed

director · Since 24/01/2005

JOINERY

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Michael Howard Reed

75–100% shares

British · England · Age 59

Chancery Station House, 31-33 High Holborn, London, WC1V 6AX

Notified 06/04/2016

CompanyRankvs 10655+ SIC 43320 peers
45

Financial strength2th percentile among SIC peers · 1/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.93× · 6/20
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.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 26/03/2024

Net Worth

-£68k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£246k

Current Liabilities

£266k

Fixed Assets

£8k

Debtors

£224k

2avg. employees

Tax at Year End

Corp tax£54k
VAT£97k

Director Loans

Directors owe company£109k

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr Michael Reed 19/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.93-£93k£1.9M
20231.21£1.8M
20221.26£1.0M
20211.39
20201.03+£39k
2019-1.46

Derived from filed accounts. Not audited figures.