Back to search

George Northwood Limited

08603783

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

24 WELLS STREET, LONDON, W1T 3PH
Incorporated 10/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46450
Wholesale of perfume and cosmetics
47750
Retail sale of cosmetic and toilet articles in specialised stores
96020
Hairdressing and other beauty treatment

Officers

Mr George Northwood

director · Since 10/07/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr George Northwood

75–100% shares
75–100% votes
Appoint directors

British · England · Age 47

24, Wells Street, London, W1T 3PH

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/12/2020Registered 04/12/2020

CompanyRankvs 715+ SIC 46450 peers
51

Financial strength86th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength22/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities and the Companies Act 2006. 2.2. Going Concern Disclosure The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going c

Key FinancialsYear ending 31/07/2024

Net Worth

£40k

Balance sheet strength

Cash

£475k

Cash in the bank

Net Current Assets

-£124k

Working capital

Current Assets

£783k

Current Liabilities

£907k

Fixed Assets

£226k

Debtors

£254k

43avg. employees+3

Tax at Year End

Corp tax£71k
VAT£137k

Director Loans

Company owes directors£226k

Balance Sheet

Intangible assets£17k
Assets less current liabilities£102k
Signed by Mr George Northwood 26 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.86-£383k£2.7M
20231.42+£203k£2.8M
20221.39+£119k£2.8M
20211.27
20200.99
20191.19
20181.25

Derived from filed accounts. Not audited figures.