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Wood Art Studio Limited

09819606

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31020
Manufacture of kitchen furniture

Officers

Mr Arturs Bergs

director · Since 12/10/2015

CABINET MAKER

LATVIAN · ENGLAND · Age 42

Mr Thomas Richardson

director · Since 12/10/2015

CABINET MAKER

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Arturs Bergs

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

Latvian · England · Age 42

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 40

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

Notified 06/04/2016

CompanyRankvs 644+ SIC 31020 peers
61

Financial strength65th percentile among SIC peers · 16/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.37× · 12/20
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.

Employees7/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£15k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£51k

Current Liabilities

£37k

Fixed Assets

£1k

Debtors

£45k

2avg. employees-1

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.37-£23k
20231.93

Derived from filed accounts. Not audited figures.