Company Overview
Ted's Carpets & Furniture Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Thursday 13 May 2010, so this is a well established company. Ted's Carpets & Furniture Limited has been in business for 15 years and 10 months. The accounts status is total exemption full and the accounts are next due on Thursday 29 February 2024.
Registered Address

C/O Fpm Accountants Ltd, 1-3 Arthur Street, Belfast, Co Antrim, BT1 4GA
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Companies House Data
Company NameTED'S CARPETS & FURNITURE LIMITED
Company NumberNI603138
Registered Office AddressC/O Fpm Accountants Ltd
 1-3 Arthur Street
 BT1 4GA
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date13/05/2010
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date29/02/2024
Accounts Last Made Up Date31/05/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/03/2017
Returns Last Made Up Date27/02/2016
Directors & Members
Show Resigned
Edward McLoughlin - Director
(Irish, 59 years old, born June 1967)
Appointed 08 August 2022
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Edward McLoughlin
EDWARD JOHN INTERIORS LTD
Balance Sheet Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Balance Sheet
Fixed Assets 5,209 6,812 8,926
Current Assets 153,106 243,532 271,549
Creditors Due Within One Year 258,926 161,360 222,498
Working Cap -105,820 82,172 49,051
Total Assets Less Current Liabilities -100,611 88,984 57,977
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Tangible Fixed Assets - - -
Fixed Assets 3.3% 2.7% 3.2%
Stocks Inventory - - -
Debtors 26.5% 16.6% 7.6%
Cash Bank In Hand 13.4% 8.8% 7.2%
Current Assets 96.7% 97.3% 96.8%
Creditors Due Within One Year 163.6% 64.5% 79.3%
Net Current Assets Liabilities -66.8% 32.8% 17.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities -63.6% 35.5% 20.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Liquidity Ratio 0.6 1.5 1.2
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Assets 158,315 250,344 280,475
Debt - - -
Net Assets/Debt - - -
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Statement of receipts and payments to 11 May 2025
Statement of receipts and payments to 11 May 2024
Registered office address changed from 6 Carney Haugh Business Park Rathfriland Road Newry Down BT34 1LD Northern Ireland to C/O Fpm Accountants Ltd 1-3 Arthur Street Belfast Co Antrim BT1 4GA on 18 May 2023
Statement of affairs
Appointment of a liquidator
Resolutions
Confirmation statement made on 8 August 2022 with updates
Notification of Edward Mcloughlin as a person with significant control on 8 August 2022
Termination of appointment of Martin Mc Loughlin as a director on 8 August 2022
Cessation of Martin Edward Mcloughlin as a person with significant control on 8 August 2022
Appointment of Mr Edward Mcloughlin as a director on 8 August 2022
Termination of appointment of Asilin Mc Dowell as a director on 8 August 2022
Termination of appointment of Conor Mc Loughlin as a director on 8 August 2022
Compulsory strike-off action has been discontinued
Confirmation statement made on 7 August 2022 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 7 August 2021 with no updates
Confirmation statement made on 7 August 2020 with updates
Confirmation statement made on 7 August 2019 with no updates
Notification of Martin Edward Mcloughlin as a person with significant control on 1 May 2019
Cessation of Edward Mc Loughlin as a person with significant control on 1 May 2019
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