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Garry Nyhan Painter And Decorator Ltd

14272719

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

5 CAE MAEN, CARDIFF, CF14 1UP
Incorporated 03/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Garry Christopher Nyhan

director · Since 03/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Garry Christopher Nyhan

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

British · United Kingdom · Age 61

5, Cae Maen, Cardiff, CF14 1UP

Notified 03/08/2022

CompanyRankvs 8865+ SIC 43341 peers
42

Financial strength50th percentile among SIC peers · 13/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees4/15 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.

Longevity4/15 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 31/08/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£5k

Current Liabilities

£7k

Fixed Assets

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by Mr Garry Nyhan 21/10/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74+£815
20230.89

Derived from filed accounts. Not audited figures.