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Workplace Acoustics Limited

11531932

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)
  • Negative net worth (-10)

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 22/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31010
Manufacture of office and shop furniture

Officers

Mr Barry Alan Head

director · Since 22/08/2018

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Barry Alan Head

Significant control

English · England · Age 60

27, Old Gloucester Street, London, WC1N 3AX

Notified 22/08/2018

CompanyRankvs 889+ SIC 31010 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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889Workplace Acoustics Limited
29
How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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 31/10/2023

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£727

Working capital

Current Assets

£7k

Current Liabilities

£26k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£4k

EstimatesDerived

YearCurrent RatioImplied Profit
20230.27+£4k
20220.77-£1k
20211.82+£6k
20200.39-£37k
201911.87—

Derived from filed accounts. Not audited figures.