Wood U Believe It Ltd
12283653
Some Concerns
- No accounts filed in last 18 months (-5)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 03/10/2025
Due 17/10/2026
Industry
Officers
Persons with Significant Control
Mr Timothy Roberts
Welsh · Wales · Age 66
Purnells, 5a Kernick Industrial Estate, Penryn, TR10 9EP
Notified 28/10/2019
Mrs Kathryn Roberts
Welsh · Wales · Age 62
Purnells, 5a Kernick Industrial Estate, Penryn, TR10 9EP
Notified 28/10/2019
Charges1 outstanding
DBW INVESTMENTS (10) LIMITED
Insolvency History1 case
Chris Parkman (practitioner)
CompanyRankvs 809+ SIC 16290 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£50
Balance sheet strength
Cash
£20k
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£72k
Current Liabilities
£69k
Fixed Assets
£24k
Debtors
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.05 |
| 2023 | 0.29 |
Derived from filed accounts. Not audited figures.