Garforth Timber Ltd
14147811
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 02/06/2022
Persons with Significant Control
Ms Sheena Macdonald
English · England · Age 61
New Hold Industrial Estate, New Hold Industrial Estate, Leeds, LS25 2LD
Notified 02/06/2022
CompanyRankvs 4233+ SIC 16230 peers39
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£40k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£108k
Working capital
Current Assets
£188k
Current Liabilities
£296k
Fixed Assets
£67k
Debtors
£37k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.64 | -£98k |
| 2023 | 0.98 | — |
Derived from filed accounts. Not audited figures.