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Paintworks Nw Ltd

15914416

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

20 20 DENNESS PLACE, LLANDUDNO, LL30 2UX
Incorporated 23/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Stuart James Hendry

director · Since 23/08/2024

PAINTER

BRITISH · WALES · Age 39

Mr Shaun Anthony Williams

director · Since 23/08/2024

PAINTER

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Shaun Anthony Williams

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

British · United Kingdom · Age 39

20, 20 Denness Place, Llandudno, LL30 2UX

Notified 23/08/2024

Mr Stuart James Hendry

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

British · Wales · Age 39

28, Denness Place, Llandudno, LL30 2UX

Notified 23/08/2024

CompanyRankvs 6205+ SIC 43341 peers
49

Financial strength10th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 40× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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6205Paintworks Nw Ltd
48
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.

Employees9/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£11k

Current Liabilities

£278

2avg. employees

Balance Sheet

Assets less current liabilities£11k
Signed by Mr Stuart Hendry 20/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
202540.00

Derived from filed accounts. Not audited figures.