Ofp Timber Framed Homes Ltd
05390125
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2023
full
Next accounts due
28/08/2026
Confirmation statement
Last: 11/03/2026
Due 25/03/2027
Industry
Officers
director · Since 05/08/2024
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 23 other boards
director · Since 07/08/2025
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 11 other boards
director · Since 26/08/2025
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Chartway Group Limited
4 Abbey Wood Road, Kings Hill, ME19 4AB
Reg: 06896161 · Companies House · Limited By Shares
Notified 27/02/2024
Former PSCs
Mr Alastair David Barry Narraway
Ceased 27/02/2024
Charges2 outstanding
ALTER DOMUS TRUSTEES (UK) LIMITED
ALTER DOMUS TRUSTEES (UK) LIMITED
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS BANK PLC
THE KENT COUNTY COUNCIL
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 4390+ SIC 16290 peers55
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Turnover
£13.6M
Annual revenue
Net Worth
£1.5M
Balance sheet strength
Cash
£312
Cash in the bank
Profit Before Tax
£301k
Bottom line earnings
Net Current Assets
-£1.3M
Working capital
Current Assets
£3.9M
Current Liabilities
£5.2M
Fixed Assets
£4.1M
Debtors
£3.6M
Cost of Sales
£10.6M
Gross Profit
£3.1M
Admin Expenses
£2.7M
Operating Profit
£389k
Profit After Tax
£513k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.75 | +£190k |
| 2022 | 0.79 | +£593k |
| 2022 | 0.75 | -£1.2M |
| 2020 | 1.13 | +£558k |
| 2019 | 1.01 | +£512k |
| 2018 | 1.01 | — |
Derived from filed accounts. Not audited figures.