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Washford Finishings Limited

14963637

active
Private Limited Company
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

UNITS 4, 8 & 9, REDDITCH, B98 0DQ
Incorporated 27/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Andrew Ian Forbes

director · Since 27/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Andrew Ian Forbes

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 58

Units 4, 8 & 9, Bartleet Road, Redditch, B98 0DQ

Notified 27/06/2023

Mr Ian Gordon Forbes

25–50% shares
25–50% votes
Appoint directors

British · England · Age 78

Units 4, 8 & 9, Bartleet Road, Redditch, B98 0DQ

Notified 27/06/2023

CompanyRankvs 775+ SIC 25610 peers
37

Financial strength12th percentile among SIC peers · 3/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.52× · 6/20
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 strength3/25 pts

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

Employees10/15 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 30/09/2025

Net Worth

-£924

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

-£141k

Working capital

Current Assets

£153k

Current Liabilities

£293k

Fixed Assets

£140k

Debtors

£99k

6avg. employees-3

Balance Sheet

Intangible assets£120k
Assets less current liabilities-£924
Signed by Mr Andrew Forbes 10/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.52
20240.50

Derived from filed accounts. Not audited figures.