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The Woodshack Limited

11582683

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

JAMES WHARF,, SOUTHAMPTON, SO14 5QY
Incorporated 21/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16240
Manufacture of wooden containers
16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
30110
Building of ships and floating structures
33150
Repair and maintenance of ships and boats

Officers

Mr Ian Gerald Patrick Wace

director · Since 21/09/2018

CEO

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Mr Glen Read

director · Since 09/09/2021

DIRECTOR

NEW ZEALANDER · ENGLAND · Age 45

Also on 3 other boards

Miss Rachel Rose King

director · Since 11/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 4 other boards

Persons with Significant Control

Calshot Group Limited

75–100% shares
75–100% votes
Appoint directors

James Wharf, Ocean Quay, Southampton, SO14 5QY

Reg: 13526894 · Uk Register Of Companies · Private Company Limited By Shares

Notified 01/10/2021

Former PSCs

Mr Ian Gerald Patrick Wace

Ceased 01/10/2021

CompanyRankvs 208+ SIC 16240 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio -1.89× · 2/20
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 strength0/25 pts

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

Employees15/15 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 30/09/2024

Net Worth

-£25.0M

Balance sheet strength

Cash

£629k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£2.2M

Current Liabilities

-£1.2M

Fixed Assets

£639k

Debtors

£1.2M

Profit After Tax

-£3.3M

92avg. employees+5

Tax at Year End(2019)

VAT£75k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.89-£1.5M
20232.15-£20.6M
20214.06-£1.0M
20203.28-£1.0M
201922.27£1.5M

Derived from filed accounts. Not audited figures.