Work Threads Ltd
09485296
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/09/2015
PRODUCTION DIRECTOR
ENGLISH · UNITED KINGDOM · Age 44
Also on 1 other board
Persons with Significant Control
Mr Ian Edward Tomkins
English · United Kingdom · Age 44
Unit 1, Hawkshaw Farm Business Park, Longsight Road, Blackburn, BB2 7JA
Notified 06/04/2016
CompanyRankvs 97+ SIC 13200 peers55
Show leaderboard
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 31/03/2025
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£25k
Current Liabilities
£10k
Fixed Assets
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.59 | -£34k |
| 2024 | 2.84 | +£30k |
| 2023 | 3.50 | — |
Derived from filed accounts. Not audited figures.