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Friction Bouldering Ltd

13500462

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

1B SALTMEADOWS ROAD, GATESHEAD, NE8 3AH
Incorporated 08/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93110
Operation of sports facilities

Officers

Mrs Debra Ann Johnson

secretary · Since 04/08/2022

Also on 2 other boards

Mrs Debra Ann Johnson

director · Since 04/08/2022

TEACHER

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mr Jason David Johnson

director · Since 31/07/2023

ELECTRONICS ENGINEER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mrs Debra Ann Johnson

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

British · England · Age 57

1b, Saltmeadows Road, Gateshead, NE8 3AH

Notified 04/08/2022

Former PSCs

Miss Jasmine Park-Johnson

Ceased 15/07/2022

CompanyRankvs 4042+ SIC 93110 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

Longevity5/15 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 31/07/2025

Net Worth

-£235k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£24k

Current Liabilities

£49k

Fixed Assets

£443k

Debtors

£12k

17avg. employees+1

Balance Sheet

Assets less current liabilities£418k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50-£54k
202420.09-£101k
202313.82

Derived from filed accounts. Not audited figures.