TEAK LIMITED

Company number 03228099 · Active

TEAK LIMITED is a private limited company registered in ESSEX, United Kingdom, incorporated on 23 Jul 1996. Its registered activity is manufacture of other furniture. Its latest published accounts for the period ending 30 Sep 2022 show equity of £1.2m, total assets of £1.2m. It has filed 4 sets of accounts. Our model estimates a 0.25 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.25 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Industry4.3×31 · 0.50 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
03228099 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
23 Jul 1996 (30 years)
Registered address
CM7 2RN ESSEX
Postcode area
Chelmsford
Activity
31090 Manufacture of other furniture
Industry
Manufacture of furniture
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Sep 202215 Apr 2023– –£1.2m£1.2m £4,818–2
30 Sep 202115 Jun 2022– –£1.2m£1.2m £915£22
30 Sep 202015 Jun 2021– –£1.2m£1.2m £1,209£22
30 Sep 201915 May 2020– –£1.2m£1.2m £1,047£2–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Chelmsford

Questions about TEAK LIMITED

What is the company number of TEAK LIMITED?

TEAK LIMITED is registered under company number 03228099 in the official register of United Kingdom. View it at the official register.

Is TEAK LIMITED still active?

Yes. TEAK LIMITED is registered as active (status: Active).

Has TEAK LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for TEAK LIMITED in the official data.

How likely is TEAK LIMITED to become insolvent?

Our model estimates a 0.25 % probability that TEAK LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was TEAK LIMITED founded?

TEAK LIMITED was incorporated on 23 Jul 1996.

Where is TEAK LIMITED registered?

TEAK LIMITED's registered address is in CM7 2RN ESSEX (Chelmsford), United Kingdom.

What do the latest accounts of TEAK LIMITED show?

The latest published accounts (period ending 30 Sep 2022) show equity of £1.2m, total assets of £1.2m, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.