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Ian Howarth Painting Contractors Limited

05549094

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

203 DERLWYN, DUNVANT, WEST GLAMORGAN, SA2 7PE
Incorporated 30/08/2005

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

43341
Painting

Officers

Mr Ian William Howarth

director · Since 30/08/2005

DIRECTOR

BRITISH · WALES · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Ian William Howarth

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
Significant control

British · Wales · Age 63

203 Derlwyn, Dunvant, West Glamorgan, SA2 7PE

Notified 29/08/2016

CompanyRankvs 6486+ SIC 43341 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.09× · 2/20
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 strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

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

Liquidity2/20 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 31/08/2025

Net Worth

-£101k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£132k

Working capital

Current Assets

£13k

Current Liabilities

£145k

Fixed Assets

£32k

5avg. employees

Balance Sheet

Assets less current liabilities-£100k
Signed by 05549094 2024-09-01 2025-08-31 05549094 2025-08-31 05549094 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£17k
20240.16-£12k
20230.22

Derived from filed accounts. Not audited figures.