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Work In Style Limited

00299255

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR, HUNTER HOUSE HOLLOWAY DRIVE, MANCHESTER, M28 2LA
Incorporated 03/04/1935

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Malcolm Macleod

director · Since 26/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr Simon Timothy Purcell

director · Since 26/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 8 other boards

Persons with Significant Control

Wis Clothing Group Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Alpha House, 4 Greek Street, Stockport, SK3 8AB

Reg: 07052041 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 13/09/2016Registered 14/09/2016
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 28/04/2015Registered 14/05/2015Satisfied 08/08/2017
Charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP

Created 20/03/2014Registered 28/03/2014Satisfied 06/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/05/2011Registered 17/05/2011Satisfied 26/05/2016
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 04/03/2008Registered 06/03/2008Satisfied 08/08/2017
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/02/2007Registered 03/03/2007Satisfied 13/07/2011
charge
satisfied

YORKSHIRE BANK PLC

Created 19/08/1996Registered 30/08/1996Satisfied 14/03/2009
charge
satisfied

YORKSHIRE BANK PLC,

Created 30/08/1994Registered 02/09/1994Satisfied 14/03/2009

CompanyRankvs 2949+ SIC 46420 peers
40

Financial strength80th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

These consolidated financial statements are available from its registered office, 1st Floor, Hunter House, Holloway Drive, Wardley Industrial Estate, Worsley, Manchester, United Kingdom, M28 2LA. 1.2 Going concern The directors have assessed the company’s ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. This assessme

Key FinancialsYear ending 30/04/2025

Net Worth

£31k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£602k

Working capital

Current Assets

£3.3M

Current Liabilities

£3.9M

Fixed Assets

£47k

Debtors

£585k

0avg. employees-28

Balance Sheet

Assets less current liabilities-£555k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85+£0
20240.89+£0
20230.87+£0
20220.87+£0
20210.89+£0
20200.84+£0
20190.81+£0
20180.79

Derived from filed accounts. Not audited figures.