Back to search

Oak Frames Norfolk Limited

11512321

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

THE OLD COAL WORKSHOP, WELLS-NEXT-THE-SEA, NR23 1LX
Incorporated 10/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Matthew Greenhill

director · Since 10/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Conor Welch

director · Since 10/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Conor Welch

25–50% shares

British · England · Age 34

The Old Coal Workshop, Maryland, Wells-Next-The-Sea, NR23 1LX

Notified 10/08/2018

Greenhill Business Ventures Ltd

25–50% shares

The Old Coal Workshop, Maryland, Wells-Next-The-Sea, NR23 1LX

Reg: 04085916 · Companies House · Limited Company

Notified 10/08/2018

CompanyRankvs 40614+ SIC 43999 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Foster Contracting Limited
90
2Wetherells Contracts Limited
90
3P.C.Richardson & Co.(Middlesbrough),Limited
90
4R.C. Cutting & Co. Limited
90
5Hugh Pearl (Land Drainage) Limited
90
6H.H.Adkins(Contractors)Limited
90
7Allen Fabrications Limited
90
8Sibbons (Alresford) Limited
90
9George Killoughery Limited
90
10Claude Fenton (Plant Hire) Limited
90
40614Oak Frames Norfolk Limited
31
How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 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.

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 31/12/2024

Net Worth

-£15k

Balance sheet strength

Cash

£487

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£25k

Current Liabilities

£44k

Fixed Assets

£31k

Debtors

£2k

1avg. employees-1

Tax at Year End(2023)

Corp tax£342
VAT£7k

Director Loans(2023)

Company owes directors£13k

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Conor Welch 21 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.56-£19k—
20230.85—£132k

Derived from filed accounts. Not audited figures.