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Touchwood Joiners Ltd

09585204

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9A MOOR LANE, UPMINSTER, RM14 1DZ
Incorporated 11/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Shayan Safari

director · Since 11/05/2015

BUILDER

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Shayan Safari

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · England · Age 34

9a, Moor Lane, Upminster, RM14 1DZ

Notified 06/04/2016

CompanyRankvs 13415+ SIC 43320 peers
32

Financial strength4th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/05/2022

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£2k

Current Liabilities

£31k

Fixed Assets

£304

1avg. employees

Balance Sheet

Assets less current liabilities-£28k
Signed by Mr Shayan Safari 30/05/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.07+£27k
20210.12

Derived from filed accounts. Not audited figures.