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Woodworks Timber Holdings Limited

14467822

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 AIRE VIEW COURT, LEEDS, LS13 1AA
Incorporated 07/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Joseph Michael Vertigans

director · Since 07/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 34

Mr Matthew Handley

director · Since 16/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Joseph Michael Vertigans

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

British · England · Age 34

Unit 1 Aire View Court, Rodley Lane, Leeds, LS13 1AA

Notified 07/11/2022

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2024Registered 22/01/2024

CompanyRankvs 10452+ SIC 64209 peers
43

Financial strength82th percentile among SIC peers · 21/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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10452Woodworks Timber Holdings Limited
62
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£538k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£538k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.3M

Debtors

£177

2avg. employees

Balance Sheet

Assets less current liabilities£538k
Signed by M Handley J M Vertigans 19/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.41
20232.67

Derived from filed accounts. Not audited figures.