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Gigglewick Creations Ltd

12649974

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 AGLAIA ROAD, WORTHING, BN11 5SN
Incorporated 05/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Stephen Hancock

director · Since 05/06/2020

WOOD CREATIONS

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Persons with Significant Control

Mr Stephen Hancock

25–50% shares
25–50% votes
Appoint directors

British · England · Age 69

7, Aglaia Road, Worthing, BN11 5SN

Notified 05/06/2020

Mrs Susan Mary Hancock

25–50% shares
25–50% votes
Appoint directors

British · England · Age 68

7, Aglaia Road, Worthing, BN11 5SN

Notified 05/06/2020

CompanyRankvs 11146+ SIC 90030 peers
54

Financial strength3th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 8.05× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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11146Gigglewick Creations Ltd
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 30/06/2025

Net Worth

-£61k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£34k

Current Liabilities

£4k

Fixed Assets

£9k

2avg. employees

Balance Sheet

Assets less current liabilities£39k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20258.05+£0
20258.05-£5k
20245.24-£22k
202374.43-£29k
202217.56—
20211.22—

Derived from filed accounts. Not audited figures.