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Woodworks Timber Limited

05828613

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 1 AIRE VIEW COURT, RODLEY, LEEDS, LS13 1AA
Incorporated 25/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr Matthew Handley

director · Since 25/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Joseph Michael Vertigans

director · Since 17/07/2017

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 3 other boards

Persons with Significant Control

Woodworks Timber Holdings Limited

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

Unit 1 Aire View Court, Rodley Lane, Leeds, LS13 1AA

Reg: 14467822 · Companies House · Private Limited Company

Notified 16/11/2022

Former PSCs

Mr Matthew Handley

Ceased 16/11/2022

Mr David James Vertigans

Ceased 16/11/2022

Charges2 outstanding

charge
outstanding

DAVID AND SANDRA KENDREW

Created 04/06/2007Registered 09/06/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2006Registered 14/06/2006

CompanyRankvs 419+ SIC 46130 peers
71

Financial strength87th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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419Woodworks Timber Limited
77
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.

Employees13/15 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 31/12/2024

Net Worth

£899k

Balance sheet strength

Cash

£258k

Cash in the bank

Net Current Assets

£611k

Working capital

Current Assets

£1.3M

Current Liabilities

£653k

Fixed Assets

£390k

Debtors

£605k

14avg. employees+3

Balance Sheet

Assets less current liabilities£1.0M
Signed by M Handley J M Vertigans 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.93+£96k
20231.98-£25k
20221.71+£227k
20211.89+£324k
20201.33+£135k
20191.35+£4k
20181.37—

Derived from filed accounts. Not audited figures.