Wipro Financial Outsourcing Services Limited
02422306
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Wipro It Services Uk Societas
Kings Court, 185 Kings Road, Reading, RG1 4EX
Reg: Se000134 · Companies House · Public Limited Company
Notified 17/07/2024
Former PSCs
Wipro Holdings (Uk) Limited
Ceased 17/07/2024
CompanyRankvs 74036+ SIC 82990 peers43
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.1 in the financial statements, which indicates that the director does not intend for the company to carry out any trading activity in the foreseeable long term future an
Key FinancialsYear ending 31/03/2021
Net Worth
£100k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£2k
Bottom line earnings
Net Current Assets
£624k
Working capital
Current Assets
—
Current Liabilities
£2k
Debtors
£626k
Admin Expenses
£2k
Profit After Tax
-£2k
Balance Sheet