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Wellcom London Limited

00979521

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

1 BERRY PLACE, LONDON, EC1V 0JD
Incorporated 13/05/1970

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

73120
Media representation

Officers

Mr David Bridges

director · Since 30/06/2022

GLOBAL CEO

AMERICAN · UNITED STATES · Age 57

Mr Joohwan Kim

director · Since 02/04/2024

CHIEF FINANCIAL OFFICER

SOUTH KOREAN · AUSTRALIA · Age 54

Also on 1 other board

Mr Joohwan Kim

secretary · Since 26/03/2026

Also on 1 other board

Persons with Significant Control

Mr David Bridges

Significant control

American · United States · Age 57

1, Berry Place, London, EC1V 0JD

Notified 30/06/2022

Former PSCs

Mr Wayne Sidwell

Ceased 01/07/2022

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 03/02/1993Registered 10/02/1993Satisfied 22/10/2007
charge
satisfied

LLOYDS BANK PLC

Created 23/09/1985Registered 02/10/1985Satisfied 22/04/2008

CompanyRankvs 259+ SIC 73120 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

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

Going Concern Doubt

been prepared in accordance with IFRS as adopted by the UK , subject to any material departures disclosed and explained in the financial statements; ∙ assess the company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the company or to cease operations, or

Key FinancialsYear ending 31/12/2023

Turnover

£15.5M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£593k

Cash in the bank

Profit Before Tax

£383k

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

£4.7M

Current Liabilities

£2.8M

Debtors

£3.1M

Cost of Sales

£12.1M

Gross Profit

£3.4M

Admin Expenses

£2.9M

Operating Profit

£442k

Profit After Tax

£287k

107avg. employees-8

Tax at Year End

Dividends paid£1.0M

People Costs

Wages & salaries£4.8M

Balance Sheet

Total assets£7.6M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20231.66+£287k
20221.59—

Derived from filed accounts. Not audited figures.