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Woodstyle Ltd

08418947

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

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

Details

8 RAMSGILL DRIVE, ILFORD, IG2 7TR
Incorporated 26/02/2013

Compliance

Last accounts

28/02/2024

unaudited abridged

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

31020
Manufacture of kitchen furniture

Officers

Mr Malkit Singh Ubbi

director · Since 26/02/2013

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 6 other boards

Mr Surajdeep Singh Ubbi

director · Since 25/11/2020

DIRECOR

BRITISH · ENGLAND · Age 29

Also on 4 other boards

Persons with Significant Control

Mr Malkit Singh Ubbi

75–100% shares

British · England · Age 65

8, Ramsgill Drive, Ilford, IG2 7TR

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation25/03/2026

Harjinder Johal (practitioner) · George Nicholas Michael (practitioner)

CompanyRankvs 239+ SIC 31020 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
1Burbidge & Son Limited
90
2Sigma 3 (Kitchens) Limited
90
3Avanti Fitted Kitchens Limited
90
4East Coast Fittings Limited
90
5Roundel Manufacturing Limited
90
6Crown Products (Kent) Limited
90
7Grantech Limited
90
8Pineland Furniture Limited
90
9Granite Tops (Uk) Limited
90
10Sunny Bedrooms & Kitchen Limited
90
239Woodstyle Ltd
75
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

Longevity13/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2024

Net Worth

£235k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£845k

Current Liabilities

£644k

Fixed Assets

£66k

Debtors

£546k

6avg. employees

Balance Sheet

Assets less current liabilities£266k
Signed by 20 March 2025

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31+£55k
20231.27+£7k
20221.37+£35k
20211.38+£0
20201.38+£32k
20191.18—

Derived from filed accounts. Not audited figures.