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Think Timber Limited

06755258

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

62 BRICK KILN LANE, NEWCASTLE, ST5 7AS
Incorporated 21/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr Gavin Richard Brown

director · Since 21/11/2008

SALES CONSULTANT

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mrs Nicola Brown

director · Since 09/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Persons with Significant Control

Gavin Brown Holdings Limited

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

62 Brick Kiln Lane, Parkhouse Industrial Estate West, Newcastle, ST5 7AS

Reg: 09570667 · Gavin Brown Holdings Limited · Limited

Notified 10/06/2019

Former PSCs

Mr Gavin Richard Brown

Ceased 10/06/2019

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 16/12/2021Registered 16/12/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/04/2019Registered 07/04/2019Satisfied 02/06/2020
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 25/04/2018Registered 03/05/2018Satisfied 16/12/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 28/04/2016Registered 29/04/2016Satisfied 25/03/2019

CompanyRankvs 381+ SIC 46130 peers
72

Financial strength92th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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381Think Timber Limited
78
How is this score calculated?
Financial strength23/25 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 30/11/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£4.5M

Current Liabilities

£2.8M

Fixed Assets

£89k

Debtors

£1.7M

10avg. employees+1

Tax at Year End

Corp tax£107k
VAT£473k

Director Loans

Company owes directors£519

Balance Sheet

Assets less current liabilities£1.8M
Signed by Mr Gavin Brown Mrs Nicola Brown 15 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.61+£139k£9.5M
20231.60+£69k£4.3M
20221.60+£746k£11.9M
20211.59+£208k£4.5M
20201.63+£70k£5.5M
20191.69+£148k—
20181.65——

Derived from filed accounts. Not audited figures.