Economy Timber Limited
09437345
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/02/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 72
Also on 3 other boards
Persons with Significant Control
Mr Paul Donald Page
British · United Kingdom · Age 72
Unit 44, Mill Lane, King's Lynn, PE31 8SE
Notified 06/04/2016
Former PSCs
Mr Kevin Page
Ceased 08/06/2017
CompanyRankvs 1028+ SIC 47990 peers84
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£616k
Balance sheet strength
Cash
£335k
Cash in the bank
Net Current Assets
£595k
Working capital
Current Assets
£667k
Current Liabilities
£72k
Fixed Assets
£29k
Debtors
£225k
Profit After Tax
£67k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.22 | +£57k |
| 2023 | 6.69 | +£64k |
| 2022 | 8.67 | +£111k |
| 2021 | 5.28 | — |
Derived from filed accounts. Not audited figures.