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Intrinsic Works Ltd

11238920

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE MALTINGS 2 CHURCH CLOSE, LEICESTER, LE9 6XS
Incorporated 07/03/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

31090
Manufacture of other furniture

Officers

Mr Steven North

director · Since 07/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Steven North

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

British · England · Age 48

2, Church Close, Leicester, LE9 6XS

Notified 07/03/2018

Mrs Charlotte Chaney-North

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

British · England · Age 47

Church Farm, Marston Road, Leicester, LE9 3GX

Notified 13/12/2019

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 17/03/2026Registered 17/03/2026
Charge
outstanding

LLOYDS BANK PLC

Created 12/02/2026Registered 12/02/2026
Charge
satisfied

LLOYDS BANK PLC

Created 21/02/2024Registered 22/02/2024Satisfied 18/02/2026
Charge
satisfied

LLOYDS BANK PLC

Created 21/02/2024Registered 22/02/2024Satisfied 19/02/2026

CompanyRankvs 404+ SIC 31090 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.14× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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404Intrinsic Works Ltd
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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.

Employees13/15 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.

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.

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 31/03/2026

Net Worth

£1.2M

Balance sheet strength

Cash

£245k

Cash in the bank

Net Current Assets

£799k

Working capital

Current Assets

£1.2M

Current Liabilities

£374k

Fixed Assets

£452k

Debtors

£834k

10avg. employees

Tax at Year End

Corp tax£82k
VAT£34k

Director Loans

Company owes directors£125k

Balance Sheet

Intangible assets£7k
Assets less current liabilities£1.3M
Signed by Mr Steven North 28 September 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20263.14+£150k£677k
20252.04+£270k£605k
20241.90+£84k£785k
20232.09—£348k

Derived from filed accounts. Not audited figures.