Ian Howarth Painting Contractors Limited
05549094
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 30/08/2025
Due 13/09/2026
Industry
Officers
director · Since 30/08/2005
DIRECTOR
BRITISH · WALES · Age 62
Also on 2 other boards
Persons with Significant Control
Mr Ian William Howarth
British · Wales · Age 62
203 Derlwyn, Dunvant, West Glamorgan, SA2 7PE
Notified 29/08/2016
CompanyRankvs 6591+ SIC 43341 peers46
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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.
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
-£84k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£107k
Working capital
Current Assets
£21k
Current Liabilities
£128k
Fixed Assets
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.16 | -£12k |
| 2023 | 0.22 | -£18k |
| 2022 | 0.08 | -£2k |
| 2021 | 0.11 | +£12k |
| 2020 | 0.18 | -£7k |
| 2019 | 0.10 | -£23k |
| 2018 | 0.23 | — |
Derived from filed accounts. Not audited figures.