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Wells Cathedral Enterprises Limited

01778666

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

16 MARKET PLACE WELLS CATHEDRAL OFFICES, 1ST & 2ND FLOORS, WELLS, BA5 2RB
Incorporated 16/12/1983

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/01/2026

Due 15/01/2027

On track

Industry

47610
Retail sale of books in specialised stores
47789
Other retail sale of new goods in specialised stores
56101
Licensed restaurants
56210
Event catering activities

Officers

Mr Michael Richard Eric Blandford Mbe

director · Since 01/01/2020

RETIRED

BRITISH · ENGLAND · Age 83

Mr Michael James Hopkins

director · Since 01/01/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Mr David Alastair Morgan-Hewitt

director · Since 02/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 63

Ms Nerys Watts

director · Since 17/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Timothy David Stevens

director · Since 14/02/2025

PRECENTOR

BRITISH · ENGLAND · Age 45

Mr Laurence James

secretary · Since 08/05/2025

Persons with Significant Control

Former PSCs

Dr Paul John Richard Richards

Ceased 30/06/2017

Revd Canon Andrew Featherstone

Ceased 10/06/2018

CompanyRankvs 117+ SIC 47610 peers
83

Financial strength87th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£64k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£143k

Current Liabilities

£87k

Fixed Assets

£8k

Debtors

£6k

Profit After Tax

£4k

36avg. employees+7

Tax at Year End

Dividends paid-£2k

People Costs

Wages & salaries£323k
NI contributions£15k

Balance Sheet

Assets less current liabilities£64k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.65+£1k
20231.50

Derived from filed accounts. Not audited figures.