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Floor Refinishing Limited

08227493

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 BRADFIELD ROAD, NORTH WALSHAM, NR28 0HF
Incorporated 25/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Alan William Woods

director · Since 25/09/2012

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Persons with Significant Control

Mr Alan William Woods

25–50% shares

British · England · Age 77

1, Bradfield Road, North Walsham, NR28 0HF

Notified 06/04/2016

Former PSCs

Mrs Deborah Anne Woods

Ceased 27/07/2016

CompanyRankvs 29867+ SIC 43390 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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29867Floor Refinishing Limited
40
How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/09/2024

Net Worth

-£72k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£22k

Current Liabilities

£97k

Fixed Assets

£7k

Debtors

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£68k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23-£10k
20230.35-£6k
20220.45-£19k
20210.65-£13k
20200.73+£3k
20190.60+£14k
20180.50—

Derived from filed accounts. Not audited figures.