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Shades Decor Ltd

12024342

active
Private Limited Company
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE GEORGE 21 HIGH STREET NORTH, TOWCESTER, NN12 8AD
Incorporated 30/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Martin James Steele

director · Since 30/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Persons with Significant Control

Mr Martin James Steele

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 64

Henge Barn, Pury Hill Business Park, Towcester, NN12 7LS

Notified 30/05/2019

Miss Laura Jane Cook

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

Henge Barn, Pury Hill Business Park, Towcester, NN12 7LS

Notified 27/01/2022

CompanyRankvs 10476+ SIC 43341 peers
29

Financial strength3th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength1/25 pts

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

Employees4/15 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.

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 31/05/2024

Net Worth

-£30k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£1k

Current Liabilities

£36k

Fixed Assets

£6k

Debtors

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£29k
Signed by Mr Martin Steele 28 February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£14k
20230.00-£3k
20220.06-£6k
20210.23-£8k
20202.82—

Derived from filed accounts. Not audited figures.