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Cjt Timber Sourcing Ltd

14576266

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

24 NICHOLAS STREET, CHESTER, CH1 2AU
Incorporated 06/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16100
Sawmilling and planing of wood
32990
Other manufacturing
46130
Agents involved in the sale of timber and building materials

Officers

Mr Richard Alan Jones

director · Since 06/01/2023

DIRECTOR

BRITISH · WALES · Age 58

Also on 3 other boards

Mr Alexander Matthew Sambrook-Jones

secretary · Since 04/12/2024

Mr Ben Antony Parton

director · Since 22/08/2025

MANAGING DIRECTOR

BRITISH · WALES · Age 36

Persons with Significant Control

Mr Richard Alan Jones

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

British · Wales · Age 58

24, Nicholas Street, Chester, CH1 2AU

Notified 06/01/2023

Charges3 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 01/10/2025Registered 03/10/2025
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 03/12/2024Registered 18/12/2024
Charge
outstanding

RICHARD ALAN JONES

Created 25/01/2023Registered 07/02/2023

CompanyRankvs 419+ SIC 16100 peers
23

Financial strength16th percentile among SIC peers · 4/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£1

Balance sheet strength

Cash

£151k

Cash in the bank

Net Current Assets

-£94k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.3M

Fixed Assets

£80k

Debtors

£536k

1avg. employees

Balance Sheet

Assets less current liabilities-£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.93

Derived from filed accounts. Not audited figures.