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Errington & Woodget Limited

07396106

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

WEST MALLING GARAGE, WEST MALLING, ME19 6QN
Incorporated 04/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Nicholas James Errington

director · Since 04/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr David John Woodget

director · Since 04/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr David John Woodget

25–50% shares

British · England · Age 49

West Malling Garage, Town Hill, West Malling, ME19 6QN

Notified 01/06/2016

Mr Nicholas James Errington

50–75% shares

British · United Kingdom · Age 50

West Malling Garage, Town Hill, West Malling, ME19 6QN

Notified 01/06/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 31/03/2017Registered 05/04/2017
Charge
outstanding

BARCLAYS BANK PLC

Created 03/04/2017Registered 04/04/2017
Charge
outstanding

BARCLAYS BANK PLC

Created 07/12/2016Registered 13/12/2016
charge
outstanding

HSBC BANK PLC

Created 07/12/2010Registered 11/12/2010

CompanyRankvs 3499+ SIC 70100 peers
58

Financial strength65th percentile among SIC peers · 16/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.56× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£129k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£166k

Current Liabilities

£25k

Fixed Assets

£1.0M

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M

EstimatesDerived

YearCurrent RatioImplied Profit
20246.56+£10k
20234.59-£4k
20222.75+£25k
20212.33

Derived from filed accounts. Not audited figures.