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User Friendly Tools Limited

10285954

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

3 MARLEY CLOSE, BURY ST. EDMUNDS, IP31 3NT
Incorporated 19/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14120
Manufacture of workwear
25730
Manufacture of tools
47910
Retail sale via mail order houses or via Internet

Officers

Mr Gary Wheaton

director · Since 19/07/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Gary Wheaton

75–100% shares

British · England · Age 64

3, Marley Close, Bury St. Edmunds, IP31 3NT

Notified 19/07/2016

CompanyRankvs 250+ SIC 14120 peers
49

Financial strength63th percentile among SIC peers · 16/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.45× · 2/20
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 strength16/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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

£12k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£13k

Current Liabilities

£28k

Fixed Assets

£29k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£5k
20230.70-£2k
20220.76-£4k
20211.60

Derived from filed accounts. Not audited figures.