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Ince Wealth Limited

02611363

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O QUANTUMA LLP 3RD FLOOR, BRIGHTON, BN1 4EA
Incorporated 16/05/1991

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Christopher John Yates

director · Since 01/03/2007

CORPORATE FINANCE

BRITISH · UNITED KINGDOM · Age 72

Also on 23 other boards

Mr Simon Robert Oakes

director · Since 08/11/2022

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 46

Also on 35 other boards

Persons with Significant Control

The Ince Group Plc

75–100% shares

Aldgate Tower, 2 Leman Street, London, E1 8QN

Reg: 03744673 · United Kingdom · Public Limited Company

Notified 04/08/2017

Mr Christopher John Yates

Significant control

British · United Kingdom · Age 72

60, Minster Road, London, NW2 3RE

Notified 25/06/2025

Mr Simon Robert Oakes

Significant control

British · United Kingdom · Age 46

C/O Quantuma Llp, 3rd Floor, Brighton, BN1 4EA

Notified 25/06/2025

Former PSCs

Mr Adrian John Biles

Ceased 03/08/2017

Charges1 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 26/03/2021Registered 29/03/2021
Charge
satisfied

BARCLAYS BANK PLC AS SECURITY TRUSTEE

Created 31/12/2018Registered 11/01/2019Satisfied 29/03/2021
charge
satisfied

REC HOLDINGS LIMITED

Created 15/10/2004Registered 03/11/2004Satisfied 19/04/2017
charge
satisfied

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

Created 11/07/2003Registered 22/07/2003Satisfied 29/06/2016
charge
satisfied

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

Created 11/10/2000Registered 20/10/2000Satisfied 29/06/2016
charge
satisfied

R.E.C. HOLDINGS LTD

Created 07/07/2000Registered 20/07/2000Satisfied 30/07/2008
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1993Registered 10/12/1993Satisfied 27/10/1998
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1993Registered 08/12/1993Satisfied 27/05/2000
charge
satisfied

CHARTERED TRUST PUBLIC LIMITED COMPANY

Created 29/11/1993Registered 02/12/1993Satisfied 29/06/2016

CompanyRankvs 13965+ SIC 64209 peers
37

Financial strength88th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

a senior facilities agreement in place with The Ince Group plc, which has now been demanded but not enforced, the Directors acknowledge the demand may affect the company's ability to continue as a going concern. The Company has no means of generating its own income. This has resulted in these financial statements being prepared on an alternative basis as in the previous period and the assets we

Key FinancialsYear ending 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£200k

Bottom line earnings

Net Current Assets

-£2.8M

Working capital

Current Assets

£80k

Current Liabilities

£2.8M

Debtors

£30k

Profit After Tax

-£200k

0avg. employees

Balance Sheet

Assets less current liabilities-£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03

Derived from filed accounts. Not audited figures.