Back to search

Composite Timber Company Ltd

14912017

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

19 FIRST AVENUE, PRESTON, PR4 2WR
Incorporated 02/06/2023

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr Anthony John Middleton

director · Since 17/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 6 other boards

Mr Michael Joseph Green

director · Since 10/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 11 other boards

Persons with Significant Control

Mr Anthony John Middleton

Significant control

British · England · Age 72

19, First Avenue, Preston, PR4 2WR

Notified 17/06/2023

Mr Michael Joseph Green

25–50% shares
25–50% votes

British · England · Age 81

19, First Avenue, Preston, PR4 2WR

Notified 30/10/2024

Former PSCs

Mr Michael Joseph Green

Ceased 26/10/2023

Mr Terence David Mcnicholas

Ceased 26/10/2023

CompanyRankvs 2798+ SIC 46130 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees2/15 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.

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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£186k

Current Liabilities

£199k

Debtors

£75k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£12k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.94
20230.95

Derived from filed accounts. Not audited figures.