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Roots Timber Reuse C.I.C.

09046789

active
Community Interest Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

BLACK BARNS UPPER NASHENDEN FARM, ROCHESTER, ME1 3QJ
Incorporated 19/05/2014

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
31090
Manufacture of other furniture
38110
Collection of non-hazardous waste

Officers

Mr Lee Corrigan

director · Since 19/05/2014

WOOD RECYCLING ENTERPRISE MANAGER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Lee Corrigan

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

British · England · Age 46

Black Barns, Upper Nashenden Farm, Rochester, ME1 3QJ

Notified 06/04/2016

CompanyRankvs 760+ SIC 16290 peers
57

Financial strength57th percentile among SIC peers · 14/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees10/15 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.

Longevity12/15 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 31/05/2019

Net Worth

£17k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£50k

Current Liabilities

£55k

Fixed Assets

£32k

Debtors

£24k

4avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20190.91

Derived from filed accounts. Not audited figures.