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Global Timber Products Ltd

07009898

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

1 UNIT 1 WELLINGTON BUSINESS PARK, HIXON, ST18 0HP
Incorporated 04/09/2009

Compliance

Last accounts

30/09/2024

medium

Next accounts due

26/06/2026

On track

Confirmation statement

Last: 04/09/2025

Due 18/09/2026

On track

Industry

16100
Sawmilling and planing of wood
46130
Agents involved in the sale of timber and building materials

Officers

Mr Ian Mark Freeman

director · Since 04/09/2009

TIMBER IMPORTERS & MERCHANTS

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr Robert James Grant

director · Since 04/09/2009

TIMBER IMPORTERS & MERCHANTS

BRITISH · UNITED KINGDOM · Age 55

Mr Benn Brown

director · Since 01/04/2010

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 10 other boards

Persons with Significant Control

Gtp (Midlands) Holdings Ltd

75–100% shares
75–100% votes

8, Woodland Road, Burton-On-Trent, DE15 9TH

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 10/03/2015Registered 11/03/2015
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 13/11/2014Registered 20/11/2014
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/10/2014Registered 04/11/2014
charge
outstanding

CLOSE INVOICE FINANCE LTD

Created 05/03/2010Registered 13/03/2010

CompanyRankvs 1140+ SIC 16100 peers
56

Financial strength80th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.22× · 12/20
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 strength20/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£10.2M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£19k

Bottom line earnings

Net Current Assets

£1.0M

Working capital

Current Assets

£5.7M

Current Liabilities

£4.6M

Fixed Assets

£684k

Debtors

£3.4M

Cost of Sales

£7.4M

Gross Profit

£2.8M

Admin Expenses

£2.0M

Operating Profit

£162k

Profit After Tax

-£29k

36avg. employees+6

Tax at Year End

Corp tax£35k

People Costs

Wages & salaries£1.3M
NI contributions£132k

Balance Sheet

Intangible assets£20k
Bank loans & overdrafts£193k
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22-£29k
20231.37+£47k
20221.30-£50k
20211.41+£760k
20201.31-£76k
20191.11-£112k
20181.20

Derived from filed accounts. Not audited figures.