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Logs For Sale Ltd

09450633

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BRIDGE HOUSE, HULL, HU2 8AG
Incorporated 20/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Peter Owen

director · Since 20/02/2015

WEBSITE DESIGNER

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Peter Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 43

Bridge House, 41 Wincolmlee, Hull, HU2 8AG

Notified 06/04/2016

Mrs Sara Elizabeth Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Bridge House, 41 Wincolmlee, Hull, HU2 8AG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

METRO BANK PLC

Created 15/05/2026Registered 21/05/2026
Charge
outstanding

METRO BANK PLC

Created 15/05/2026Registered 21/05/2026
Charge
satisfied

HSBC UK BANK PLC

Created 24/06/2019Registered 27/06/2019Satisfied 27/03/2026

CompanyRankvs 898+ SIC 47990 peers
75

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.33× · 20/20
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 strength25/25 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.

Liquidity20/20 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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£969k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.4M

Current Liabilities

£433k

Fixed Assets

£4k

Debtors

£63k

6avg. employees

Tax at Year End(2024)

Corp tax£40k

Balance Sheet

Intangible assets£51
Bank loans & overdrafts£4k
Assets less current liabilities£1.0M
Signed by 09450633 2024-03-01 2025-02-28 09450633 2025-02-28 09450633 core:CurrentFinancialInstruments 2025-02-28 09450633 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.33+£247k
20243.19-£68k
20234.61

Derived from filed accounts. Not audited figures.