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Wecando Flooring Specialists (Lincoln) Limited

02644098

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

TOWER HOUSE, LINCOLN, LN1 1XW
Incorporated 09/09/1991

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Simon John Bilton

director · Since 20/08/1992

FLOORING SPECIALIST

BRITISH · ENGLAND · Age 62

Mrs Kam Har Bilton

secretary · Since 02/10/2010

Persons with Significant Control

Mr Simon John Bilton

50–75% shares

British · England · Age 62

Tower House, Lucy Tower Street, Lincoln, LN1 1XW

Notified 01/07/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/07/1992Registered 14/07/1992

CompanyRankvs 5838+ SIC 68320 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.79× · 16/20
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.

Employees9/15 pts

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

Liquidity16/20 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 31/03/2026

Net Worth

£519k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£76k

Current Liabilities

£43k

Fixed Assets

£485k

Debtors

£1k

1avg. employees

Tax at Year End

Corp tax£245

Balance Sheet

Assets less current liabilities£519k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20261.79+£974
20252.00-£1k
20242.49-£2k
20233.80

Derived from filed accounts. Not audited figures.