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Wooden Huts Ltd

13622476

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 1, SOUTH SHIELDS, NE33 5BY
Incorporated 15/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Daniel Gaffney

director · Since 15/09/2021

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Daniel Gaffney

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

English · United Kingdom · Age 33

17, Ralph Street, Hebburn, NE31 1HP

Notified 15/09/2021

CompanyRankvs 13549+ SIC 43320 peers
32

Financial strength9th percentile among SIC peers · 2/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.31× · 2/20
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 strength2/25 pts

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

Employees8/15 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.

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 30/09/2024

Net Worth

-£8k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£7k

Current Liabilities

£24k

Fixed Assets

£13k

2avg. employees+1

Director Loans(2023)

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr Daniel Gaffney 27/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31+£426
20230.43-£2k
20220.75

Derived from filed accounts. Not audited figures.