Back to search

Wipro Financial Outsourcing Services Limited

02422306

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

KINGS COURT, READING, RG1 4EX
Incorporated 13/09/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Omkar Bhalchandra Nisal

director · Since 30/05/2022

COMPANY DIRECTOR

INDIAN · UNITED KINGDOM · Age 52

Nagendra Bandaru

director · Since 30/07/2025

PRESIDENT

BRITISH · UNITED STATES · Age 57

Philip Willcock

director · Since 01/11/2025

BRITISH · UNITED KINGDOM · Age 54

Sarat Chand

director · Since 11/02/2026

BRITISH · UNITED KINGDOM · Age 54

Ms Katya Maclean

director · Since 01/03/2026

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Wipro It Services Uk Societas

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

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 peers
43

Financial strength84th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength21/25 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.

Liquidity0/20 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

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

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with CCH Software