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We'Re Handy Services Limited

11184443

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 1A, SCHOOL STREET, STOCKPORT, SK7 4RA
Incorporated 02/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Richard James Cundiff

secretary · Since 02/02/2018

Also on 7 other boards

Mr Richard James Cundiff

director · Since 02/02/2018

DIRECTOR

ENGLISH · ENGLAND · Age 46

Also on 7 other boards

Persons with Significant Control

Mr Richard James Cundiff

Significant control

English · England · Age 46

Unit 1a, School Street, Hazel Grove, Stockport, SK7 4RA

Notified 02/02/2018

CompanyRankvs 11187+ SIC 43320 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 29/02/2024

Net Worth

-£84k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£15k

Current Liabilities

£97k

8avg. employees+7

Balance Sheet

Assets less current liabilities-£82k
Signed by Mr Richard Cundiff 11 September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£60k
20230.19-£18k
20221.46
20211.05

Derived from filed accounts. Not audited figures.