Timber Coatings Sw Ltd
11592023
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
unaudited abridged
Next accounts due
30/06/2026
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
Persons with Significant Control
Mr Phillip George Sheppard
British · England · Age 38
Unit 2 Aller Vale Buildings, Moorpark Road, Newton Abbot, TQ12 5AZ
Notified 27/09/2018
Mr Thomas Buckler
British · United Kingdom · Age 38
Unit 2 Aller Vale Buildings, Moorpark Road, Newton Abbot, TQ12 5AZ
Notified 27/09/2018
Mrs Victoria Jayne Sheppard
British · England · Age 36
Unit 2 Aller Vale Buildings, Moorpark Road, Newton Abbot, TQ12 5AZ
Notified 27/09/2018
Former PSCs
Mrs Claire Buckler
Ceased 19/06/2020
Change History
Active
Private Limited Company
UNIT 2 ALLER VALE BUILDINGS MOORPARK ROAD
NEWTON ABBOT
CompanyRankvs 10519+ SIC 43341 peers32
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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 30/09/2024
Net Worth
-£3k
Balance sheet strength
Cash
£811
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£19k
Current Liabilities
£22k
Debtors
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.86 | +£1k |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.