Back to search

Wesbart Limited

01430256

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

38 38 CHENNELLS WAY, HORSHAM, RH12 5TW
Incorporated 15/06/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Nigel Patey

director · Since 01/02/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Denise Susan Patey

director · Since 28/01/1994

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mrs Denise Patey

secretary · Since 20/06/2021

Persons with Significant Control

Mr Nigel Patey

50–75% shares
50–75% votes

British · England · Age 67

38, Chennells Way, Horsham, RH12 5TW

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC BANK PLC

Created 28/10/2016Registered 15/11/2016
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/12/2002Registered 12/12/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/04/1999Registered 06/04/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/04/1999Registered 06/04/1999

CompanyRankvs 5236+ SIC 32990 peers
58

Financial strength96th percentile among SIC peers · 24/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Barnagore Jute Factory Plc(The)
90
2C W Fletcher & Sons Limited
90
3Jepson & Co Limited
90
4Wallgate Limited
90
5F.Ball And Co. Limited
90
6Rotalink Limited
90
7Vale Mill (Rochdale) Limited
90
8H. Jarvis Ltd
90
9Tricogen Laboratories Limited
90
10Silent Gliss Limited
90
5236Wesbart Limited
64
How is this score calculated?
Financial strength24/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£3.1M

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£126k

Current Liabilities

£158k

Fixed Assets

£3.2M

Debtors

£60k

2avg. employees

Balance Sheet

Bank loans & overdrafts£71k
Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£75k
20232.62+£41k
20228.25-£30k
20218.82+£314k
202010.23+£5k
201910.72-£4k
20189.29—

Derived from filed accounts. Not audited figures.