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M Latham Joinery Ltd

10300611

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

SUITE 2 RIVERSIDE COURT, BARNSTAPLE, EX31 1DR
Incorporated 28/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Michael Latham

director · Since 28/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 68

Mrs Sylvia Joyce Latham

director · Since 28/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mr Michael Latham

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

British · England · Age 68

Suite 2, Riverside Court, Barnstaple, EX31 1DR

Notified 28/07/2016

Mrs Sylvia Joyce Latham

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

British · United Kingdom · Age 65

Suite 2, Riverside Court, Barnstaple, EX31 1DR

Notified 28/07/2016

Former PSCs

Mr Michael Latham

Ceased 21/07/2022

CompanyRankvs 2381+ SIC 32990 peers
77

Financial strength85th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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2381M Latham Joinery Ltd
77
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£554k

Balance sheet strength

Cash

£294k

Cash in the bank

Net Current Assets

£249k

Working capital

Current Assets

£331k

Current Liabilities

£83k

Fixed Assets

£314k

Debtors

£33k

6avg. employees

Tax at Year End

VAT£19k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£562k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.00+£94k£385k
20241.77+£137k£660k
20231.03—£73k

Derived from filed accounts. Not audited figures.