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Class Joinery Ltd

07045058

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

125 TURNER ROAD, EDGWARE, HA8 6AS
Incorporated 15/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Chetan Vaghjiani

secretary · Since 15/10/2009

Also on 1 other board

Mr Chetan Vaghjiani

director · Since 15/10/2009

CARPENTER

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Chetan Vaghjiani

75–100% shares

British · England · Age 43

125, Turner Road, Edgware, HA8 6AS

Notified 06/04/2016

CompanyRankvs 7809+ SIC 43390 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees4/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£121k

Current Liabilities

£64k

Fixed Assets

£26k

1avg. employees-1

Balance Sheet

Assets less current liabilities£83k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88+£16k
20231.42+£23k
20221.63+£14k
20211.30+£2k
20201.42+£13k
20191.28-£16k
20181.20

Derived from filed accounts. Not audited figures.