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Ultimate Decor Limited

14395227

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

4 SPUR ROAD, PORTSMOUTH, PO6 3EB
Incorporated 03/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr James Michael Blake

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Joe Southerton

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr James Michael Blake

25–50% shares
25–50% votes

British · England · Age 38

231, Highbury Grove, Portsmouth, PO6 2RN

Notified 03/10/2022

Mr Joe Southerton

25–50% shares
25–50% votes

British · England · Age 35

Office 83, Regus, Portsmouth, PO6 3EZ

Notified 03/10/2022

CompanyRankvs 2369+ SIC 43341 peers
58

Financial strength78th percentile among SIC peers · 20/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.49× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/10/2024

Net Worth

£25k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£19k

Current Liabilities

£5k

Fixed Assets

£12k

Debtors

£18k

2avg. employees+2

Balance Sheet

Assets less current liabilities£25k
Signed by Mr J Blake,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.49

Derived from filed accounts. Not audited figures.