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Furn Contracts Ltd

08528315

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 5 WICKHAM BUSINESS PARK, BASILDON, SS14 3EQ
Incorporated 14/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Simon Ashley Furnival

director · Since 14/05/2013

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Simon Ashley Furnival

Ceased 04/08/2017

Mr Ross Steward

Ceased 28/11/2023

Mrs Laura Furnival

Ceased 28/11/2023

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 29/11/2024Registered 29/11/2024
Charge
outstanding

MARKETFINANCE LIMITED

Created 10/11/2022Registered 10/11/2022
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/05/2019Registered 05/06/2019Satisfied 18/11/2024

CompanyRankvs 2648+ SIC 43390 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2026

Net Worth

£269k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£239k

Working capital

Current Assets

£1.0M

Current Liabilities

£787k

Fixed Assets

£40k

Debtors

£964k

10avg. employees-7

Balance Sheet

Assets less current liabilities£279k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.30+£111k
20251.37+£41k
20241.54+£5k
20231.30—

Derived from filed accounts. Not audited figures.