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Tribe Furniture Limited

10210734

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

130 SHAFTESBURY AVENUE, LONDON, W1D 5EU
Incorporated 02/06/2016

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/06/2026

Due 15/06/2027

On track

Industry

74100
Specialised design activities

Officers

Mr Benjamin Jordan Paisley Gillam

director · Since 02/06/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 11 other boards

Persons with Significant Control

The Thirdway Group Limited

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

130, Shaftesbury Avenue, London, W1D 5EU

Notified 04/11/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/12/2020Registered 17/12/2020

CompanyRankvs 2466+ SIC 74100 peers
61

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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2466Tribe Furniture Limited
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£12.1M

Annual revenue

Net Worth

£3.8M

Balance sheet strength

Cash

£429k

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£3.8M

Working capital

Current Assets

£8.6M

Current Liabilities

£4.8M

Fixed Assets

£4k

Debtors

£8.1M

Cost of Sales

£9.1M

Gross Profit

£3.0M

Admin Expenses

£1.2M

Operating Profit

£1.8M

Profit After Tax

£1.4M

11avg. employees-3

Tax at Year End(2023)

Dividends paid-£1.0M

Balance Sheet

Intangible assets£2k
Assets less current liabilities£3.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.79+£1.4M
20231.59—

Derived from filed accounts. Not audited figures.