Traditional Furniture Manufacturing Ltd
07587611
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
Persons with Significant Control
Mr Stephen Brian Hinchliffe
British · England · Age 66
Braelea Court, Bamforth Street, Hillsborough, S6 2HE
Notified 06/04/2016
Former PSCs
The Traditional Furniture Co Holdings Ltd
Ceased 06/04/2016
Change History
Active
Private Limited Company
BRAELEA COURT
HILLSBOROUGH
CompanyRankvs 93+ SIC 31090 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 31/12/2024
Net Worth
£750k
Balance sheet strength
Cash
£173k
Cash in the bank
Net Current Assets
£681k
Working capital
Current Assets
£762k
Current Liabilities
£82k
Fixed Assets
£86k
Debtors
£571k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.34 | +£816 |
| 2023 | 13.15 | -£12k |
| 2022 | 4.99 | +£254k |
| 2021 | 5.32 | +£85k |
| 2020 | 3.96 | +£66k |
| 2019 | 4.49 | +£73k |
| 2018 | 3.32 | — |
Derived from filed accounts. Not audited figures.