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David'S Woodturning Ltd

14795295

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

28 DALTONS FEN, BASILDON, SS13 1JF
Incorporated 12/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
47910
Retail sale via mail order houses or via Internet
59112
Video production activities
62090
Other information technology service activities

Officers

Mr David Paszkal Szelpal

director · Since 12/04/2023

MANAGING DIRECTOR

BRITISH,HUNGARIAN · ENGLAND · Age 36

Persons with Significant Control

Mr David Paszkal Szelpal

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

British,Hungarian · England · Age 36

28, Daltons Fen, Basildon, SS13 1JF

Notified 12/04/2023

CompanyRankvs 666+ SIC 16290 peers
58

Financial strength59th percentile among SIC peers · 15/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.86× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees5/15 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.

Longevity3/15 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 30/04/2026

Net Worth

£18k

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£15k

Bottom line earnings

Net Current Assets

£8k

Working capital

Current Assets

£12k

Current Liabilities

£4k

Fixed Assets

£10k

Debtors

£10k

1avg. employees

Balance Sheet

Assets less current liabilities£18k
Prepared with BTCSoftware AP Solution 2022 9.4.03

EstimatesDerived

YearCurrent RatioImplied Profit
20262.86-£4k
20252.67-£11k
20244.44

Derived from filed accounts. Not audited figures.