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Phase One Works Limited

15222746

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 19/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
43110
Demolition
43999
Specialised construction activities

Officers

Mr Spencer Paul Walshe

director · Since 19/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 17 other boards

Mrs Tai Walshe

director · Since 19/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 10 other boards

Persons with Significant Control

Phase One Works Group Limited

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

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Reg: 15824915 · England And Wales · Limited Company

Notified 10/10/2024

Former PSCs

Mr Spencer Paul Walshe

Ceased 10/10/2024

CompanyRankvs 14239+ SIC 41201 peers
52

Financial strength37th percentile among SIC peers · 9/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.23× · 12/20
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 strength9/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

£180

Balance sheet strength

Cash

£540k

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£726k

Current Liabilities

£589k

Debtors

£187k

4avg. employees

Balance Sheet

Assets less current liabilities£137k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.23

Derived from filed accounts. Not audited figures.