Back to search

Wensum Valley Decorators Ltd

11619547

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

NORWICH ACCOUNTANCY, NORWICH, NR3 1RB
Incorporated 12/10/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

43341
Painting

Officers

Mr Dean Christopher Spriggs

director · Since 12/10/2018

PAINTER

BRITISH · ENGLAND · Age 40

Mrs Elizabeth Alice Spriggs

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Dean Christopher Spriggs

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

British · England · Age 40

Norwich Accountancy, 19 Upper King Street, Norwich, NR3 1RB

Notified 12/10/2018

CompanyRankvs 877+ SIC 43341 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.45× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Standage & Co. Limited
90
2George Jones & Son (Contractors) Limited
90
3S P Smith Painting Contractors Limited
90
4F H Harvey Uk Limited
90
5Broadland Windows Limited
90
6Cousins Limited
90
7C.L.C. Contractors Limited
90
8Southgrove Painting Contractors Limited
90
9Vellacine Limited
90
10Vale Decorators Uk Limited
90
877Wensum Valley Decorators Ltd
78
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.

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/10/2024

Net Worth

£143k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£172k

Current Liabilities

£39k

Fixed Assets

£28k

Debtors

£123k

4avg. employees+1

Tax at Year End(2020)

Corp tax£7k

Balance Sheet

Assets less current liabilities£161k
Signed by Mr D Spriggs,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.45+£45k
20232.44+£36k
20222.23+£46k
20211.01+£7k
20202.71+£14k
20190.66—

Derived from filed accounts. Not audited figures.