Company Overview
Closewood Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 20 May 1996, so this is a well established company. Closewood Limited has been in business for 29 years and 10 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2020.
Registered Address

Office D, Beresford House, Town Quay, Southampton, SO14 2AQ
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Companies House Data
Company NameCLOSEWOOD LIMITED
Company Number03200910
Registered Office AddressOffice D
 Beresford House
 SO14 2AQ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date20/05/1996
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/03/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/05/2017
Returns Last Made Up Date30/04/2016
Previous Company NameChanged Date
CLOSEWOOD AIR CONDITIONING LIMITED03 Jul 2015
Directors & Members
Show Resigned
Dean Kirby - Director
(British, 59 years old, born June 1967)
Appointed 29 September 2014
Active
Secretaries
Show Resigned
Emma Anderton - Secretary
(British)
Appointed 17 October 2005
Active
Other Company Directorships
Dean Kirby
THE CLOSEWOOD GROUP LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Balance Sheet
Fixed Assets 110,510 66,729 105,671
Current Assets 1,494,834 967,081 1,241,350
Creditors Due Within One Year 1,808,093 814,692 1,062,684
Working Cap -313,259 152,389 178,666
Total Assets Less Current Liabilities -202,749 219,118 284,337
Long-term Liabilities 52,166 2,314 20,696
Net Assets -254,915 216,804 263,641
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -254,915 216,804 263,641
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Tangible Fixed Assets - - -
Fixed Assets 6.9% 6.5% 7.8%
Stocks Inventory - - -
Debtors 72.6% 67.8% 81.1%
Cash Bank In Hand 5.3% 22.6% 9.2%
Current Assets 93.1% 93.5% 92.2%
Creditors Due Within One Year 112.6% 78.8% 78.9%
Net Current Assets Liabilities -19.5% 14.7% 13.3%
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 -15.9% 21.0% 19.6%
Capital Employed - - -
Total Assets Less Current Liabilities -12.6% 21.2% 21.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Liquidity Ratio 0.8 1.2 1.2
Solvency Ratio 0.9 1.3 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Assets 1,605,344 1,033,810 1,347,021
Debt 1,860,259 817,006 1,083,380
Net Assets/Debt -254,915 216,804 263,641
As at the balance sheet date short term liquid assets were less than current debt. 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 balance sheet net assets figure is negative. 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  As at the balance sheet date short term liquid assets were less than current debt. 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 balance sheet net assets figure is negative. 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.  As at the balance sheet date short term liquid assets were less than current debt. 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 balance sheet net assets figure is negative. 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
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 12 March 2025
Liquidators' statement of receipts and payments to 12 March 2024
Termination of appointment of Simon David Anderton as a director on 23 November 2023
Termination of appointment of Emma Anderton as a director on 23 November 2023
Liquidators' statement of receipts and payments to 12 March 2023
Liquidators' statement of receipts and payments to 12 March 2022
Liquidators' statement of receipts and payments to 12 March 2021
Registered office address changed from Unit 1 Downley Business Park 12 Downley Road Havant Hampshire PO9 2NJ to Office D Beresford House Town Quay Southampton SO14 2AQ on 8 April 2020
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Satisfaction of charge 032009100005 in full
Previous accounting period shortened from 31 March 2020 to 31 December 2019
Registration of charge 032009100005, created on 15 July 2019
Confirmation statement made on 30 April 2019 with no updates
Notification of Dean Barry Kirby as a person with significant control on 6 April 2017
Confirmation statement made on 30 April 2018 with updates
Confirmation statement made on 30 April 2017 with updates
Resolutions

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