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Wood Art Studio Limited

09819606

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 8 TWYDALE BUSINESS PARK, DRIFFIELD, YO25 6JX
Incorporated 12/10/2015

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

31020
Manufacture of kitchen furniture

Officers

Mr Arturs Bergs

director · Since 12/10/2015

CABINET MAKER

LATVIAN · ENGLAND · Age 43

Mr Thomas Richardson

director · Since 12/10/2015

CABINET MAKER

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Arturs Bergs

25–50% shares
25–50% votes
Appoint directors

Latvian · England · Age 43

3a Twydale Park, Skerne Road, Driffield, YO25 6JX

Notified 06/04/2016

Mr Thomas Richardson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 41

3a Twydale Park, Skerne Road, Driffield, YO25 6JX

Notified 06/04/2016

CompanyRankvs 347+ SIC 31020 peers
70

Financial strength67th percentile among SIC peers · 17/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.67× · 20/20
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 strength17/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£17k

Balance sheet strength

Cash

£6

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£26k

Current Liabilities

£10k

Fixed Assets

£903

Debtors

£26k

2avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.67+£2k
20241.37-£23k
20231.93—

Derived from filed accounts. Not audited figures.