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Rolasjoinery Limited

10838108

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

123 HORNS ROAD, ILFORD, IG6 1DF
Incorporated 27/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Rolandas Baranauskas

director · Since 27/06/2017

JOINERY

LITHUANIAN · ENGLAND · Age 44

Persons with Significant Control

Mr Rolandas Baranauskas

75–100% shares

Lithuanian · England · Age 44

123, Horns Road, Ilford, IG6 1DF

Notified 01/08/2023

CompanyRankvs 25995+ SIC 41201 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 30/06/2025

Net Worth

-£56k

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£58k

Current Liabilities

£76k

Fixed Assets

£15k

Debtors

-£630

0avg. employees

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76+£0
20250.76+£13k
20241.01-£14k
20230.72-£29k
20220.59-£39k
202124.61
2019-£35k
20180.48

Derived from filed accounts. Not audited figures.