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Monway Woodfuel Limited

09364431

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

UNIT 9 - ZONE 3 SMITHS CLOSE, BURNTWOOD, WS7 3FT
Incorporated 22/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Martin Wilkes

director · Since 22/12/2014

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Mr Danny Wilkes

director · Since 17/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Cheslyn Holdings Limited

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

Unit 9 - Zone 3, Smiths Close, Burntwood, WS7 3FT

Notified 01/03/2024

Former PSCs

Mr Danny Wilkes

Ceased 01/03/2024

Mr Martin Wilkes

Ceased 01/03/2024

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 20/09/2024Registered 20/09/2024
Charge
satisfied

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 13/03/2019Registered 13/03/2019Satisfied 07/07/2023
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 10/07/2017Registered 10/07/2017Satisfied 10/02/2021

CompanyRankvs 252+ SIC 46719 peers
50

Financial strength54th percentile among SIC peers · 14/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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.

Longevity11/15 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 31/03/2024

Net Worth

£3k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£710k

Current Liabilities

£793k

Fixed Assets

£197k

Debtors

£282k

17avg. employees

Balance Sheet

Assets less current liabilities£114k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£31k
20230.94-£9k
20220.99+£40k
20210.97-£26k
20200.91-£3k
20190.94

Derived from filed accounts. Not audited figures.