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Max Furniture Ltd

06639626

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

168 CHURCH ROAD, HOVE, BN3 2DL
Incorporated 07/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46650
Wholesale of office furniture
47990
Other retail sale not in stores, stalls or markets

Officers

Mr David Paul Goodman

director · Since 14/11/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Persons with Significant Control

Mrs Diana Goodman

25–50% shares
25–50% votes

British · United Kingdom · Age 61

The Horseshoes, Tonbridge Road, Edenbridge, TN8 7AT

Notified 31/12/2017

Mr David Goodman

25–50% shares
25–50% votes

British · United Kingdom · Age 65

168, Church Road, Hove, BN3 2DL

Notified 31/12/2017

Former PSCs

Mr. Barry David Foley

Ceased 31/12/2017

Mr Patrick Joseph Brennan

Ceased 13/06/2017

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/05/2024Registered 23/05/2024

CompanyRankvs 304+ SIC 46650 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties, that may cast significant doubt about the ability of the company to continue as a going concern, have been identified by the directors. The directors consider

Key FinancialsYear ending 31/12/2025

Net Worth

-£69k

Balance sheet strength

Cash

£92

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£756k

Current Liabilities

£846k

Fixed Assets

£63k

Debtors

£396k

8avg. employees

Tax at Year End

Corp tax£102

Balance Sheet

Assets less current liabilities-£28k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£0
20250.89+£54k
20240.86-£229k
20231.28-£24k
20221.27+£148k
20211.13

Derived from filed accounts. Not audited figures.