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Bear & Timber Ltd

12246852

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

GATCOMBE HOUSE, PORTSMOUTH, PO3 5EJ
Incorporated 07/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Karlis Racenis

director · Since 07/10/2019

CARPENTER

LATVIAN · ENGLAND · Age 37

Persons with Significant Control

Mr Karlis Racenis

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

Latvian · England · Age 37

Gatcombe House, Copnor Road, Portsmouth, PO3 5EJ

Notified 07/10/2019

CompanyRankvs 14181+ SIC 43320 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
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 strength2/25 pts

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

Employees3/15 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 31/10/2025

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£602

Current Liabilities

£14k

1avg. employees

Balance Sheet

Assets less current liabilities-£14k
Signed by Mr Karlis Racenis 02/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£3k
20240.11-£2k
20230.16-£4k
20221.28-£4k
20212.10

Derived from filed accounts. Not audited figures.