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Phil Ash Decorators Limited

08668626

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

5A HONEYROW, TAUNTON, TA4 4EE
Incorporated 29/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mrs Susan May Ash

secretary · Since 29/08/2013

Also on 1 other board

Mrs Susan May Ash

director · Since 09/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mrs Susan May Ash

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

British · United Kingdom · Age 58

5a, Honeyrow, Taunton, TA4 4EE

Notified 06/04/2016

CompanyRankvs 7583+ SIC 43341 peers
43

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength0/25 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.

Liquidity2/20 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 31/08/2024

Net Worth

-£192k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£177k

Working capital

Current Assets

£23k

Current Liabilities

£201k

Fixed Assets

£4k

4avg. employees

Balance Sheet

Assets less current liabilities-£173k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£54k
2023-0.18-£140k
20222.13+£52k
20210.81+£7k
20200.92+£8k
20190.45-£11k
20180.41

Derived from filed accounts. Not audited figures.