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Joinery Specialists Limited

06076219

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT 6-11 SPARTAN INDUSTRIAL CENTRE, GREAT BRIDGE, B70 0DH
Incorporated 31/01/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Nigel Fitter

secretary · Since 31/01/2007

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Nigel Fitter

director · Since 31/01/2007

NATIONAL ACCOUNT MANAGER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Daniel Thomas Finney

director · Since 12/06/2023

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 19 other boards

Mr Michael Allen Finney

director · Since 12/06/2023

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 19 other boards

Mr Thomas Patrick Mcguire

director · Since 02/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 11 other boards

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/07/2015Registered 28/07/2015
charge
outstanding

ZURICH ASSURANCE LTD

Created 22/02/2011Registered 26/02/2011
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 15/10/2008Registered 29/10/2008Satisfied 29/03/2016
charge
outstanding

ZURICH ASSURANCE LTD

Created 01/06/2007Registered 07/06/2007
charge
outstanding

HSBC BANK PLC

Created 08/05/2007Registered 10/05/2007

CompanyRankvs 2858+ SIC 43999 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.72× · 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 strength24/25 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 31/12/2024

Turnover

£3.4M

Annual revenue

Net Worth

£616k

Balance sheet strength

Cash

£457k

Cash in the bank

Profit Before Tax

£13k

Bottom line earnings

Net Current Assets

£558k

Working capital

Current Assets

£1.3M

Current Liabilities

£778k

Fixed Assets

£78k

Debtors

£469k

Cost of Sales

£2.6M

Gross Profit

£828k

Admin Expenses

£760k

Operating Profit

£13k

Profit After Tax

£9k

22avg. employees-2

Tax at Year End(2023)

Dividends paid£3k

Balance Sheet

Assets less current liabilities£636k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.72+£9k
20231.97+£34k
20222.20+£83k
20211.82+£18k
20202.02+£34k
20191.45+£130k
20181.31

Derived from filed accounts. Not audited figures.