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Good Wood Fires Ltd

15464746

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

1 BOND STREET, COLNE, BB8 9DG
Incorporated 04/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Charles Robert Mcdermott

director · Since 04/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Mr Thomas George Wilkes

director · Since 04/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Thomas George Wilkes

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

British · England · Age 33

1 Bond Street, Colne, BB8 9DG

Notified 04/02/2024

Mr Charles Robert Mcdermott

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

1 Bond Street, Colne, BB8 9DG

Notified 04/02/2024

CompanyRankvs 17516+ SIC 47190 peers
33

Financial strength14th percentile among SIC peers · 4/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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17516Good Wood Fires Ltd
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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.

Employees9/15 pts

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

Liquidity2/20 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 28/02/2025

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£25

Current Liabilities

£8k

2avg. employees

Balance Sheet

Assets less current liabilities-£8k
Signed by 15464746 2024-02-04 2025-02-28 15464746 2025-02-28 15464746 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20250.00

Derived from filed accounts. Not audited figures.