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Mike Heal Joinery Ltd

10026185

active
Private Limited Company
england wales
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

30 COMMERCIAL ROAD, SWINDON, SN1 5NS
Incorporated 25/02/2016

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/02/2025

Due 10/03/2026

Overdue

Industry

43320
Joinery installation

Officers

Mr Richard Heal

director · Since 10/01/2018

CARPENTER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Richard Heal

Significant control

British · England · Age 60

30, Commercial Road, Swindon, SN1 5NS

Notified 10/01/2018

Former PSCs

Michael Heal

Ceased 10/01/2018

CompanyRankvs 7122+ SIC 43320 peers
57

Financial strength57th percentile among SIC peers · 14/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 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.

Longevity10/15 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 31/07/2024

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£77k

Current Liabilities

£100k

Fixed Assets

£31k

3avg. employees

Balance Sheet

Assets less current liabilities£9k
Signed by 1.8.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£133
20230.81-£1k
20220.84-£2k
20210.90
20200.73
20190.85

Derived from filed accounts. Not audited figures.