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Timber Restoration And Decorating Services Ltd

11516752

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

90A WALM LANE, LONDON, NW2 4QY
Incorporated 14/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
43320
Joinery installation
43341
Painting

Officers

Mr John Henry Davis

director · Since 18/08/2019

DIRECTOR

IRISH · UNITED KINGDOM · Age 80

Also on 3 other boards

Persons with Significant Control

Mrs John Henry Davies

25–50% shares

British · England · Age 80

90a, Walm Lane, London, NW2 4QY

Notified 20/10/2023

Former PSCs

Mr Brian Donohoe

Ceased 14/05/2024

Mrs Margaret Davis

Ceased 19/09/2018

CompanyRankvs 1024+ SIC 16230 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.91× · 20/20
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 strength23/25 pts

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

Employees1/15 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.

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 31/08/2023

Net Worth

£108k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£155k

Current Liabilities

£53k

Fixed Assets

£7k

0avg. employees-1

Balance Sheet

Assets less current liabilities£108k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20232.91+£32k
20221.81+£32k
20211.52+£16k
20201.34+£17k
20190.93

Derived from filed accounts. Not audited figures.