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Westward Securities (Braunton) Limited

00974279

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 ST JAMES PLACE, DEVON, EX34 9BH
Incorporated 09/03/1970

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mrs Vivienne Susan Ward

secretary · Since 20/06/1991

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Harvey Maynard Ward

director · Since 20/06/1991

RESTAURANT OWNER

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mrs Vivienne Susan Ward

director · Since 20/06/1991

LETTING AGENT

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Persons with Significant Control

Mrs Vivienne Susan Ward

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

British · United Kingdom · Age 82

1, St James Place, Ilfracombe, EX34 9BH

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

HERBERT JOHN CHUGG

Created 06/05/1994Registered 25/05/1994
charge
outstanding

HERBERT JOHN CHUGG

Created 20/12/1993Registered 05/01/1994
charge
outstanding

LLOYDS BANK PLC

Created 23/04/1990Registered 04/05/1990
charge
satisfied

J.A. ROGERS

Created 19/03/1979Registered 27/03/1979Satisfied 21/12/1993

CompanyRankvs 530+ SIC 55100 peers
69

Financial strength84th percentile among SIC peers · 21/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£468k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£23k

Current Liabilities

£6k

Fixed Assets

£525k

Debtors

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£543k
Signed by 00974279 2024-04-01 2025-03-31 00974279 2025-03-31 00974279 core:CurrentFinancialInstruments 2025-03-31 00974279 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.98+£802
20244.39-£8k
20234.33-£16k
20225.35-£653
20214.39+£2k
20204.60+£7k
20193.50

Derived from filed accounts. Not audited figures.