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Better Fire Doors Ltd

09664238

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

BOND GATE FARM, LANCASTER, LA2 9AY
Incorporated 30/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Iain William Collinson

director · Since 30/06/2015

JOINER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Iain William Collinson

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

British · United Kingdom · Age 55

Bond Gate Farm, Abbeystead Road, Lancaster, LA2 9AY

Notified 06/04/2016

CompanyRankvs 5887+ SIC 43320 peers
62

Financial strength62th percentile among SIC peers · 16/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength16/25 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£341k

Current Liabilities

£365k

Fixed Assets

£37k

10avg. employees+5

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93
20230.78
20220.95
20210.94
20201.02+£9k
20190.92
20180.99

Derived from filed accounts. Not audited figures.