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Michael Wenman Limited

01415690

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

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

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 19/02/1979

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

41100
Development of building projects
45112
Sale of used cars and light motor vehicles
68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Wenman

director · Since 22/08/1991

VEHICLE DEALER

BRITISH · UNITED KINGDOM · Age 71

Mr Michael Levi Wenman

secretary · Since 06/02/2015

Persons with Significant Control

Friesian Developments Limited

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

Amelia House, Crescent Road, Worthing, BN11 1QR

Reg: 11959617 · Companies House · Private Company Limited By Shares

Notified 29/10/2024

Michael Wenman Holdings Limited

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

Amelia House, Crescent Road, Worthing, BN11 1RL

Reg: 16862207 · Companies House · Limited Company

Notified 21/11/2025

Former PSCs

Mr Michael Wenman

Ceased 10/01/2020

The Estate Of Leah Louise Wenman

Ceased 25/05/2016

Charolais Developments Ltd

Ceased 29/10/2024

Charges8 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 17/10/2001Registered 20/10/2001
charge
outstanding

BARCLAYS BANK PLC

Created 30/04/2001Registered 11/05/2001
charge
outstanding

BARCLAYS BANK PLC

Created 30/04/2001Registered 11/05/2001
charge
outstanding

BARCLAYS BANK PLC

Created 30/04/2001Registered 11/05/2001
charge
outstanding

BARCLAYS BANK PLC

Created 16/10/2000Registered 26/10/2000
charge
outstanding

BARCLAYS BANK PLC

Created 01/04/1993Registered 19/04/1993
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/02/1982Registered 25/02/1982
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/03/1981Registered 30/03/1981

CompanyRankvs 5091+ SIC 41100 peers
57

Financial strength98th percentile among SIC peers · 25/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 9.21× · 20/20
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 strength25/25 pts

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

Employees2/15 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

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

Based on these assessments and having regard to the resources available to the entity, the director ha s concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements . 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for rental income and go

Key FinancialsYear ending 28/02/2025

Net Worth

£4.1M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£4.0M

Working capital

Current Assets

£4.5M

Current Liabilities

£491k

Fixed Assets

£71k

Debtors

£890k

0avg. employees-1

Balance Sheet

Assets less current liabilities£4.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20259.21-£3.5M
202419.31-£18.2M
202374.19—

Derived from filed accounts. Not audited figures.