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F.R.E.D.S. Timberframe Limited

12056677

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

LLYS TAWE COMPLEX PLAYERS INDUSTRIAL ESTATE, SWANSEA, SA6 5BQ
Incorporated 18/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
43320
Joinery installation

Officers

Mr Rhydian Bull

director · Since 27/08/2019

OPERATIONS DIRECTOR

BRITISH · WALES · Age 40

Also on 4 other boards

Mr Kieran Andrew Bull

director · Since 01/05/2025

COMMERCIAL DIRECTOR

BRITISH · WALES · Age 31

Also on 5 other boards

Mr Mark Watkins

director · Since 01/05/2025

DIRECTOR

BRITISH · WALES · Age 51

Also on 2 other boards

Persons with Significant Control

Salboy Limited

50–75% shares
50–75% votes

Unit 2 Block C, 14 Hulme Street, Salford, M5 4ZG

Reg: 09123542 · Companies House · Limited Company

Notified 18/06/2019

Former PSCs

Enzo's Investments Limited

Ceased 28/01/2025

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 08/01/2021Registered 14/01/2021
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 08/01/2021Registered 08/01/2021Satisfied 18/09/2024

CompanyRankvs 2627+ SIC 16230 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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

Outstanding charges: -10 pts

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

-£530k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£420k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.0M

Fixed Assets

£600k

Debtors

£911k

41avg. employees-45

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.0M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.41+£65k
20241.26+£53k
20231.65+£16k
20220.60-£304k
20210.63

Derived from filed accounts. Not audited figures.