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We Are Tradition Ltd

13680124

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT A7 THE ARENA EAST DORSET TRADE PARK, WIMBORNE, BH21 7UH
Incorporated 14/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
43390
Other building completion and finishing

Officers

Mr Jake Samuel Henry Crutcher

director · Since 14/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Jake Samuel Henry Crutcher

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

British · England · Age 32

Suite 5, Brightwater House, Ringwood, BH24 1AP

Notified 14/10/2021

CompanyRankvs 3637+ SIC 16230 peers
41

Financial strength39th percentile among SIC peers · 10/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.48× · 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 strength10/25 pts

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

Employees9/15 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 31/10/2024

Net Worth

£577

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£18k

Current Liabilities

£38k

Fixed Assets

£17k

2avg. employees

Balance Sheet

Assets less current liabilities£577
Signed by 13680124 2023-11-01 2024-10-31 13680124 2024-10-31 13680124 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48
20230.53-£12k
20220.48

Derived from filed accounts. Not audited figures.