Company Overview
Furniture 123 Limited is a Dissolved Private Limited Company.
Registered Address

Resolution House, 12 Mill Hill, Leeds, West Yorkshire, LS1 5DQ
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Companies House Data
Company NameFURNITURE 123 LIMITED
Company Number02696994
Registered Office AddressResolution House
 12 Mill Hill
 LS1 5DQ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date13/03/1992
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2013
Accounts Last Made Up Date30/09/2011
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date10/04/2013
Returns Last Made Up Date13/03/2012
Previous Company NameChanged Date
FURNITURE ONLINE LIMITED04 Sep 2000
Directors & Members
Show Resigned
Peter Ball - Director
(British, 82 years old, born March 1944)
Appointed 16 February 2005
Active
Julian Field - Director
(British, 65 years old, born February 1961)
Appointed 17 March 1992
Active
Rodney Potts - Director
(British, 82 years old, born October 1944)
Appointed 07 June 2000
Active
Natalie Rawson - Director
(British, 51 years old, born January 1975)
Appointed 12 February 2010
Active
Steven Summers - Director
(British, 46 years old, born June 1980)
Appointed 06 December 2010
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 30-Sep-2011 30-Sep-2010 30-Sep-2009
Balance Sheet
Fixed Assets 156,134 111,125 114,610
Current Assets 500,071 663,220 588,416
Creditors Due Within One Year 563,041 699,042 691,256
Working Cap -62,970 -35,822 -102,840
Total Assets Less Current Liabilities 93,164 75,303 11,770
Long-term Liabilities 0 0 0
Net Assets 93,164 75,303 11,770
Share Capital & Reserves
Share Cap 18,839 18,839 18,839
Profit & Loss Reserves -1,589,045 -1,606,906 -1,670,439
Other Reserves 1,663,370 1,663,370 1,663,370
Shareholders Funds 93,164 75,303 11,770
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2011 30-Sep-2010 30-Sep-2009
Tangible Fixed Assets - - -
Fixed Assets 23.8% 14.4% 16.3%
Stocks Inventory 15.7% 29.1% 27.1%
Debtors 27.7% 4.0% 4.5%
Cash Bank In Hand 32.8% 52.5% 52.1%
Current Assets 76.2% 85.6% 83.7%
Creditors Due Within One Year 85.8% 90.3% 98.3%
Net Current Assets Liabilities -9.6% -4.6% -14.6%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 14.2% 9.7% 1.7%
Called Up Share Capital 2.9% 2.4% 2.7%
Share Capital Allotted Called Up Paid 2.9% 2.4% 2.7%
Profit Loss Account Reserve -242.2% -207.5% -237.6%
Shareholder Funds 14.2% 9.7% 1.7%
Capital Employed - - -
Total Assets Less Current Liabilities 14.2% 9.7% 1.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2011 30-Sep-2010 30-Sep-2009
Liquidity Ratio 0.9 0.9 0.9
Solvency Ratio 1.2 1.1 1.0
Reserves to Assets -2.4 -2.1 -2.4
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2011 30-Sep-2010 30-Sep-2009
Assets 656,205 774,345 703,026
Debt 563,041 699,042 691,256
Net Assets/Debt 93,164 75,303 11,770
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 12 December 2018
Liquidators' statement of receipts and payments to 11 December 2017
Liquidators' statement of receipts and payments to 11 December 2016
Liquidators' statement of receipts and payments to 11 December 2015
Liquidators' statement of receipts and payments to 11 December 2014
Liquidators' statement of receipts and payments to 11 December 2013
Notice to Registrar of Companies of Notice of disclaimer
Appointment of a voluntary liquidator
Resolutions
Registered office address changed from Sandway Business Centre Shannon Street Leeds LS9 8SS on 5 January 2013
Notice to Registrar of Companies of Notice of disclaimer
Statement of affairs with form 4.19
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 3
Statement of capital following an allotment of shares on 30 November 2012
Statement of capital following an allotment of shares on 19 September 2012
Statement of capital following an allotment of shares on 31 July 2012
Statement of capital following an allotment of shares on 31 July 2012
Auditor's resignation
Auditor's resignation
Annual return made up to 13 March 2012 with full list of shareholders
Termination of appointment of Clare Field as a director

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