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Touchwood Finishings Ltd

15543976

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3 CAMBERWELL TRADING ESTATE, LONDON, SE5 9LB
Incorporated 06/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Nicholas John Sawyer

director · Since 06/03/2024

JOINER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Bernadette Sawyer

director · Since 29/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mrs Bernadette Sawyer

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

British · United Kingdom · Age 55

64, Pendle Road, London, SW16 6RU

Notified 06/03/2024

Mr Nicholas John Sawyer

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

British · England · Age 59

Unit 3, Camberwell Trading Estate, London, SE5 9LB

Notified 06/03/2024

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/09/2024Registered 05/09/2024
Charge
outstanding

HSBC UK BANK PLC

Created 26/07/2024Registered 07/08/2024

CompanyRankvs 8654+ SIC 43341 peers
28

Financial strength71th percentile among SIC peers · 18/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees1/15 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.

Longevity2/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£294k

Working capital

Current Assets

£20k

Current Liabilities

£314k

Fixed Assets

£921k

0avg. employees

Balance Sheet

Assets less current liabilities£627k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.06

Derived from filed accounts. Not audited figures.