Wallace Timber Services Ltd
11460310
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/07/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Alastair Mark Wallace
British · England · Age 49
Iron Hill, Midhurst Road, Liphook, GU30 7LP
Notified 11/07/2018
CompanyRankvs 226+ SIC 02400 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£302k
Balance sheet strength
Cash
£42k
Cash in the bank
Net Current Assets
£83k
Working capital
Current Assets
£135k
Current Liabilities
£62k
Fixed Assets
£434k
Debtors
£92k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.16 | +£2k |
| 2023 | 0.62 | -£29k |
| 2022 | 2.18 | +£140k |
| 2021 | 2.09 | +£69k |
| 2020 | 0.88 | +£82k |
| 2019 | 0.39 | — |
Derived from filed accounts. Not audited figures.