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Thewealthworks Limited

02619307

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

The Flour Mill High Beeches Lane, Handcross, Haywards Heath, RH17 6HQ
Incorporated 11/06/1991

Previously known as

Finapps Limited · until 22/05/2009
Thriftgood Limited · until 12/07/1995

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 23/06/2026

Due 07/07/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr David John Bailey Fsi

director · Since 21/09/1995

CONSULTANT

BRITISH · UNITED KINGDOM · Age 77

Also on 26 other boards

Miss Gillian Mary Pickworth

secretary · Since 25/08/1998

BRITISH · Age 64

Also on 3 other boards

Mr Michael Howlett Jones

director · Since 25/08/1998

IT CONSULTANT

BRITISH · ENGLAND · Age 77

Also on 6 other boards

Philip William Scrase

director · Since 27/10/1998

COMPANY ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 63

Mr Duncan Alexander

director · Since 25/02/2019

IT CONSULTANT

BRITISH · JERSEY · Age 63

Mr Derek Graham Smith

director · Since 22/03/2019

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 79

Also on 1 other board

David John Bailey

director · Since 21/09/1995

British · United Kingdom · Age 77

Gillian Mary Pickworth

secretary · Since 25/08/1998

British

Michael Howlett Jones

director · Since 25/08/1998

British · England · Age 77

Philip William Scrase

director · Since 27/10/1998

British · United Kingdom · Age 63

Duncan Alexander

director · Since 25/02/2019

British · Jersey · Age 63

Derek Graham Smith

director · Since 22/03/2019

British · England · Age 79

Former

Instant Companies Limited

corporate nominee director · Resigned 12/08/1991

Swift Incorporations Limited

corporate nominee secretary · Resigned 12/08/1991

Philip William Scrase

secretary · Resigned 25/08/1998

Roy John Painter

director · Resigned 27/10/1998

Geoffrey Brian Thomas Wells

director · Resigned 07/12/1999

Barry Norman Hawley Green

director · Resigned 22/02/2000

Timothy Martin Pierce

director · Resigned 27/04/2004

James Donald Malcolm Mackintosh

director · Resigned 21/02/2019

Bryan Churcher

director · Resigned 27/09/2019

Persons with Significant Control

Former PSCs

Mr Michael Howlett Jones

Ceased 31/12/2025

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 14/07/1998Registered 21/07/1998

Change History

status → active
2026-08-19

Active

type → ltd
2026-08-19

Private Limited Company

address line1 → The Flour Mill High Beeches Lane
2026-08-19

THE FLOUR MILL HIGH BEECHES LANE

post town → Haywards Heath
2026-08-19

HAYWARDS HEATH

officer appointed → PICKWORTH, Gillian Mary
2026-08-19
officer appointed → ALEXANDER, Duncan
2026-08-19
officer appointed → BAILEY, David John
2026-08-19
officer appointed → JONES, Michael Howlett
2026-08-19
officer appointed → SCRASE, Philip William
2026-08-19
officer appointed → SMITH, Derek Graham
2026-08-19

CompanyRankvs 8454+ SIC 62012 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£688k

Balance sheet strength

Cash

£361

Cash in the bank

Net Current Assets

-£135k

Working capital

Current Assets

£201k

Current Liabilities

£336k

Fixed Assets

£1.3M

Debtors

£201k

17avg. employees

Balance Sheet

Intangible assets£1.3M
Bank loans & overdrafts£36k
Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£58k
20230.51—

Derived from filed accounts. Not audited figures.