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Chainsaw Attachments Limited

10540067

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

RIVER BANK HOUSE, EASTLEIGH, SO50 6BF
Incorporated 28/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

02400
Support services to forestry

Officers

Mr Patrick Watts

director · Since 28/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Lesley Watts

secretary · Since 19/03/2018

Persons with Significant Control

Mr Patrick Watts

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

British · England · Age 58

River Bank House, 65a Bishopstoke Road, Eastleigh, SO50 6BF

Notified 28/12/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 08/01/2018Registered 10/01/2018

CompanyRankvs 244+ SIC 02400 peers
65

Financial strength76th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.02× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£175k

Current Liabilities

£86k

Fixed Assets

£2k

Debtors

£68k

3avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£91k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.02+£41k
20231.83+£39k
20221.35+£29k
20211.19

Derived from filed accounts. Not audited figures.