Worldpearl Limited
02306979
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/12/1991
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 72
Also on 13 other boards
director · Since 12/01/2026
BRITISH · ENGLAND · Age 63
Also on 3 other boards
director · Since 12/01/2026
BRITISH · ENGLAND · Age 44
Also on 1 other board
Persons with Significant Control
Mr John Taylor
British · Jersey · Age 72
Isle Of Wight Pearl, Brighstone, PO30 4DD
Notified 01/11/2017
Former PSCs
Pearl Centre Holdings Limited
Ceased 01/11/2017
Charges2 outstanding
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 2150+ SIC 47770 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
the facility will not be renewed. Due to the reliance on the continued support from the parent company and the group’s overdraft facility and loan, this indicates a material uncertainty relating to going concern. Based on the confirmation on continuing support from the parent company and the anticipated positive outcome from discussions with the bank, the directors consider it appropriate to adopt
Key FinancialsYear ending 31/10/2025
Net Worth
£2
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
-£1.4M
Working capital
Current Assets
£208k
Current Liabilities
£1.6M
Fixed Assets
£44k
Debtors
£57k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.13 |
| 2024 | 0.16 |
Derived from filed accounts. Not audited figures.