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Timberslip Developments Limited

10414608

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

VULCAN HOUSE, FLAT 15, LONDON, SW17 0RT
Incorporated 06/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr. Michael Edward Goddard

director · Since 06/10/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Miss Amber Yvonne Rachel Goddard

director · Since 01/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Michael Edward Goddard

25–50% shares
25–50% votes

British · United Kingdom · Age 79

Old Stable Yard, Nightingale Road, Carshalton, SM5 2DN

Notified 06/10/2016

Amber Yvonne Rachel Goddard

25–50% shares
25–50% votes

British · England · Age 53

Vulcan House, Flat 15, 146 Tooting High Street, London, SW17 0RT

Notified 30/08/2024

CompanyRankvs 6681+ SIC 41202 peers
74

Financial strength96th percentile among SIC peers · 24/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 73.31× · 20/20
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 strength24/25 pts

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

Employees5/15 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 31/10/2024

Net Worth

£573k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£18k

1avg. employees

Balance Sheet

Bank loans & overdrafts£739k
Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202473.31+£20k
2023137.12+£30k
2022150.98+£28k
202111.10
2020725.35
201973.48

Derived from filed accounts. Not audited figures.