Western Loans Limited
00779828
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 04/04/2025
Due 18/04/2026
Industry
Officers
Persons with Significant Control
Mrs Hannah Smithson
British · Wales · Age 48
10a Charles Street, NP20 1JU
Notified 04/04/2024
Former PSCs
Mr Robert Smithson
Ceased 04/04/2024
Charges3 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1811+ SIC 64999 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£569k
Balance sheet strength
Cash
£84k
Cash in the bank
Net Current Assets
£409k
Working capital
Current Assets
£417k
Current Liabilities
£9k
Fixed Assets
£160k
Debtors
£333k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 48.78 | -£11k |
| 2023 | 41.97 | -£13k |
| 2022 | 42.73 | -£24k |
| 2021 | 45.76 | -£11k |
| 2020 | 35.91 | -£5k |
| 2019 | 36.18 | +£10k |
| 2018 | 41.98 | — |
Derived from filed accounts. Not audited figures.