Wade Building Services Limited
02615062
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 8 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/09/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Wade Building Services Holdings Limited
Wade Building Services, Groveland Road, Tipton, DY4 7TN
Reg: 15837527 · Registrar Of England And Wales · Private Company Limited By Shares
Notified 26/09/2024
Former PSCs
Mr William Charles Pierce
Ceased 26/09/2024
Mr Alan Christopher Clowes
Ceased 26/09/2024
Charges8 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
ALAN CHRISTOPHER CLOWES AND WILLIAM CHARLES PIERCE
HSBC UK BANK PLC
HSBC BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MARSHALL WADE BUILDING SERVICES LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 2296+ SIC 43999 peers66
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de
Key FinancialsYear ending 31/08/2025
Net Worth
£4.4M
Balance sheet strength
Cash
£1.6M
Cash in the bank
Profit Before Tax
£228k
Bottom line earnings
Net Current Assets
£4.1M
Working capital
Current Assets
£11.9M
Current Liabilities
£7.8M
Fixed Assets
£1.2M
Debtors
£7.8M
Cost of Sales
£17.0M
Admin Expenses
£1.9M
Profit After Tax
£169k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.53 | -£767 |
| 2024 | 1.52 | +£481k |
| 2023 | 1.59 | +£822k |
| 2022 | 1.44 | +£795k |
| 2021 | 1.45 | +£327k |
| 2020 | 1.59 | -£2k |
| 2019 | 1.59 | +£473k |
| 2017 | 1.56 | — |
Derived from filed accounts. Not audited figures.