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Pilchard Shed Ltd

12198086

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

7 TY NANT COURT, CARDIFF, CF15 8LW
Incorporated 10/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Niall Gallacher

director · Since 10/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Niall Gallacher

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 43

7 Ty Nant Court, Morganstown, Cardiff, CF15 8LW

Notified 10/09/2019

CompanyRankvs 68499+ SIC 41100 peers
37

Financial strength9th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.94× · 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.

Employees7/15 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 30/09/2024

Net Worth

-£44k

Balance sheet strength

Cash

£168

Cash in the bank

Net Current Assets

-£47

Working capital

Current Assets

£753

Current Liabilities

£800

Fixed Assets

£4k

Debtors

£585

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£11k
20233.55-£18k
20221.12-£5k
20216.12
20200.82

Derived from filed accounts. Not audited figures.