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Distinction Decorating Limited

11944655

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1, SIMMONDS BUILDINGS BRISTOL ROAD, BRISTOL, BS16 1RY
Incorporated 13/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Ben James Palmer

director · Since 13/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Daniel Scott Thatcher

director · Since 13/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 4 other boards

Persons with Significant Control

Mr Daniel Scott Thatcher

25–50% shares
25–50% votes

British · England · Age 33

Unit 1, Simmonds Buildings, Bristol Road, Bristol, BS16 1RY

Notified 13/04/2019

Mr Ben James Palmer

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Unit 1, Simmonds Buildings, Bristol Road, Bristol, BS16 1RY

Notified 13/04/2019

CompanyRankvs 5976+ SIC 43341 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/04/2025

Net Worth

-£48k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£155k

Current Liabilities

£132k

Fixed Assets

£1k

Debtors

£145k

6avg. employees

Balance Sheet

Assets less current liabilities£24k
Signed by Daniel Thatcher 23 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.17-£30k
20241.54-£24k
20231.11—
20221.20—
20211.10—
20201.00—

Derived from filed accounts. Not audited figures.