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Horwood Decorating Limited

12052777

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

WEST HOUSE,, YATE, BS37 5NG
Incorporated 17/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr James Maher

director · Since 17/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Cotswold Homes Limited

50–75% shares
50–75% votes
Appoint directors

West House, Armstrong Way, Bristol, BS37 5NG

Notified 17/06/2019

CompanyRankvs 10637+ SIC 43341 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.07× · 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 strength0/25 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 31/12/2023

Net Worth

-£214k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£17k

Current Liabilities

£231k

Debtors

£952

1avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.07-£62k
20210.14-£59k
2020-£63k

Derived from filed accounts. Not audited figures.