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Furniture Clinic Limited

05554773

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 46 WERDOHL WAY, CONSETT, DH8 6SZ
Incorporated 06/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15110
Tanning and dressing of leather; dressing and dyeing of fur

Officers

Mr Ben Harvey Staerck

director · Since 07/09/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Staerck Investment Co Limited

75–100% shares
75–100% votes
Appoint directors

Unit 10, Hobson Industrial Estate, Newcastle Upon Tyne, NE16 6EA

Reg: 12876441 · Companies House · Private Limited Company

Notified 19/03/2021

Former PSCs

Mr Ben Harvey Staerck

Ceased 19/03/2021

Charges2 outstanding

Charge
satisfied

MAVEN CAPITAL PARTNERS UK LLP

Created 23/12/2021Registered 23/12/2021Satisfied 26/02/2025
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 11/03/2021Registered 16/03/2021
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/02/2021Registered 25/02/2021
Charge
satisfied

THE NORTH EAST GROWTH 500 PLUS LP

Created 20/11/2015Registered 01/12/2015Satisfied 01/09/2018
Charge
satisfied

HSBC BANK PLC

Created 10/09/2015Registered 18/09/2015Satisfied 23/10/2021
Charge
satisfied

HSBC BANK PLC

Created 26/06/2015Registered 29/06/2015Satisfied 23/10/2021
charge
satisfied
Registered 26/04/2012Satisfied 05/11/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/03/2010Registered 13/03/2010Satisfied 03/06/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2010Registered 06/02/2010Satisfied 08/10/2016

CompanyRankvs 16+ SIC 15110 peers
73

Financial strength86th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2020

Net Worth

£863k

Balance sheet strength

Cash

£347k

Cash in the bank

Net Current Assets

£517k

Working capital

Current Assets

£1.2M

Current Liabilities

£652k

Fixed Assets

£730k

Debtors

£426k

64avg. employees

Balance Sheet

Intangible assets£8k
Bank loans & overdrafts£383k
Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20201.79+£371k
20191.09+£150k
20181.30

Derived from filed accounts. Not audited figures.