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W Reed & Sons Carpentry Ltd

11907860

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

12 ST. HILDA ROAD, FOLKESTONE, CT19 4BU
Incorporated 27/03/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/03/2025

Due 09/04/2026

Overdue

Industry

43320
Joinery installation

Officers

Mr Wayne Reed

director · Since 27/03/2019

CARPENTER

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Wayne Reed

25–50% shares
25–50% votes

British · United Kingdom · Age 57

12, St. Hilda Road, Folkestone, CT19 4BU

Notified 27/03/2019

Former PSCs

Mr Jayden Wells-Reed

Ceased 08/07/2026

CompanyRankvs 14014+ SIC 43320 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/03/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£21k

Current Liabilities

£29k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities-£5k
Signed by Mr W Reed 18/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.72+£19k
20240.05-£11k
20230.75

Derived from filed accounts. Not audited figures.