Back to search

Lace Carpentry And Joinery Limited

10287935

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT MO25, OSWESTRY, SY10 8GA
Incorporated 20/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Lee Mark Austin

director · Since 20/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Mr Callum Ellis

director · Since 20/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 35

Mrs Leah Austin

director · Since 11/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 32

Miss Hannah Victoria Jones

director · Since 11/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Callum Ellis

25–50% shares

British · United Kingdom · Age 35

Unit Mo25, Maesbury Road, Oswestry, SY10 8GA

Notified 20/07/2016

Mr Lee Austin

25–50% shares

British · United Kingdom · Age 37

Glovers Meadow Business Centre, Maesbury Road Industrial Estate, Oswestry, SY10 8NH

Notified 20/07/2016

CompanyRankvs 563+ SIC 43320 peers
84

Financial strength99th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.2× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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.

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 31/03/2026

Net Worth

£2.1M

Balance sheet strength

Cash

£564k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.2M

Current Liabilities

£521k

Fixed Assets

£1.2M

Debtors

£1.3M

6avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£2.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20264.20+£144k
20256.02+£274k
20245.82+£330k
202311.93+£24k
20229.88+£193k
20215.32

Derived from filed accounts. Not audited figures.