Joe Franks Joinery Limited
08355137
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 10/01/2013
Persons with Significant Control
Mr Joseph Mark Franks
British · England · Age 52
57, St. John Street, Bridlington, YO16 7NN
Notified 06/04/2016
CompanyRankvs 10403+ SIC 43320 peers46
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£364
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£33k
Current Liabilities
£39k
Fixed Assets
£38k
Debtors
£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.86 | — |
| 2023 | 0.80 | — |
| 2022 | 1.24 | +£13k |
| 2021 | 0.92 | — |
| 2020 | 1.12 | — |
| 2019 | 0.94 | — |
| 2018 | 0.99 | -£5k |
| 2017 | 1.13 | — |
Derived from filed accounts. Not audited figures.