Back to search

David Ward Firewood Limited

05659933

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

STATION YARD STATION ROAD, LUDLOW, SY8 4AW
Incorporated 21/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

02200
Logging

Officers

Mr David Stuart Knill Ward

secretary · Since 21/12/2005

TIMBER TRANSPORT AND PROCESSIN

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

David Stuart Knill Ward

director · Since 21/12/2005

TIMBER MERCHANT

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr David Stuart Knill Ward

75–100% shares
75–100% votes

British · United Kingdom · Age 59

Lower House, Eastham, Tenbury Wells, WR15 8NS

Notified 06/04/2016

CompanyRankvs 165+ SIC 02200 peers
66

Financial strength83th percentile among SIC peers · 21/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£190k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£145k

Current Liabilities

£175k

Fixed Assets

£305k

Debtors

£42k

2avg. employees

Balance Sheet

Assets less current liabilities£274k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£33k
20230.75+£18k
20221.11+£63k
20210.92

Derived from filed accounts. Not audited figures.