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Woods Heating Ltd

08563140

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

38 SALISBURY ROAD, WORTHING, BN11 1RD
Incorporated 10/06/2013

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

35230
Trade of gas through mains

Officers

Mr Marc Stephen Woods

director · Since 10/06/2013

HEATING ENGINEER

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mrs Georgina Woods

director · Since 10/01/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Marc Stephen Woods

25–50% votes

British · England · Age 44

Mastersfuller 38, Salisbury Road, Worthing, BN11 1RD

Notified 10/06/2017

Mrs Georgina Woods

25–50% votes

British · England · Age 37

Mastersfuller 38, Salisbury Road, Worthing, BN11 1RD

Notified 10/06/2017

CompanyRankvs 283+ SIC 35230 peers
49

Financial strength7th percentile among SIC peers · 2/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£119k

Current Liabilities

£145k

Fixed Assets

£18k

3avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£13k
20240.88-£42k
20231.39-£6k
20222.05
20211.54
20201.56+£10k
20191.97

Derived from filed accounts. Not audited figures.