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Woodlab Studio Limited

14526995

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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

13 HYDE ROAD, PAIGNTON, TQ4 5BW
Incorporated 07/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16100
Sawmilling and planing of wood
16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Mr Ben Samuel Marshall Coles-Hollely

director · Since 20/04/2026

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Ben Samuel Marshall Coles-Hollely

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

British · United Kingdom · Age 41

17, Riverdale, Totnes, TQ9 7TJ

Notified 20/04/2026

Former PSCs

Mr Alexander William Leech Tempest

Ceased 20/04/2026

CompanyRankvs 409+ SIC 16100 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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409Woodlab Studio Limited
30
How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 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.

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 31/12/2024

Net Worth

-£33k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£31k

Current Liabilities

£66k

Fixed Assets

£2k

Debtors

£3k

3avg. employees

Balance Sheet

Assets less current liabilities-£33k
Signed by Mr Alexander Leech Tempest 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47-£22k
20230.77—

Derived from filed accounts. Not audited figures.