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Willow Flooring Ltd

07217985

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

1 TOWER HOUSE, HODDESDON, EN11 8UR
Incorporated 09/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr David Paul Smith

director · Since 09/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

Mr David Paul Smith

75–100% shares

British · England · Age 44

1 Tower House, Tower Centre, Hoddesdon, EN11 8UR

Notified 09/04/2017

CompanyRankvs 5785+ SIC 43330 peers
47

Financial strength32th percentile among SIC peers · 8/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength8/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 30/04/2024

Net Worth

£219

Balance sheet strength

Cash

£600

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£24k

Current Liabilities

£26k

Fixed Assets

£6k

Debtors

£23k

1avg. employees

Tax at Year End

Corp tax£1k
VAT£7k

Director Loans

Directors owe company£15k

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.93£145k
20230.05-£7k£4k
20220.48£92k
20211.29£81k
2020£103k
20191.48

Derived from filed accounts. Not audited figures.