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Avar Furniture Ltd

07442541

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

94C SAVERNAKE ROAD, LONDON, NW3 2JR
Incorporated 17/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Michael Muldowney

director · Since 05/07/2011

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Michael Muldowney

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 45

94c, Savernake Road, London, NW3 2JR

Notified 06/04/2016

CompanyRankvs 1317+ SIC 31090 peers
65

Financial strength73th percentile among SIC peers · 18/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.46× · 12/20
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 strength18/25 pts

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

Employees5/15 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.

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

£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£57k

Current Liabilities

£39k

Fixed Assets

£10k

1avg. employees

Tax at Year End(2019)

Corp tax£7k
VAT£3k

Director Loans(2019)

Company owes directors£55k

Balance Sheet

Assets less current liabilities£28k
Signed by Mr M Muldowney 08/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.46+£5k—
20231.12+£23k—
20220.77+£7k—
20210.54+£17k—
20200.62+£11k—
20190.40-£6k£66k
20180.50—£119k

Derived from filed accounts. Not audited figures.