Wallacespace Limited
02792054
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/02/1993
MARKETING EXECUTIVE
BRITISH · UNITED KINGDOM · Age 71
Also on 9 other boards
director · Since 19/02/1993
TRAINING EXECUTIVE
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
secretary · Since 01/05/2004
BRITISH · UNITED KINGDOM · Age 71
Also on 9 other boards
Persons with Significant Control
Mr Roy James Gilmore Kerr
British · United Kingdom · Age 71
59, Marmora Road, London, SE22 0RY
Notified 06/04/2016
Ms Renata Kim Wallace
British · United Kingdom · Age 60
59, Marmora Road, London, SE22 0RY
Notified 06/04/2016
Charges2 outstanding
BARCLAYS BANK PLC
BNY TRUST COMPANY LTD (AS TRUSTEE FOR DIAGEO PENSION TRUST LTD)
BARCLAYS BANK PLC
CompanyRankvs 37867+ SIC 96090 peers41
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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
and conditions, including assumptions on the continued return of business, indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern. These financial statements do not reflect the adjustments or reclassification of assets and liabilities, which would be necessary if the Company were unable to continue its operations.
Key FinancialsYear ending 30/06/2025
Turnover
£10.3M
Annual revenue
Net Worth
-£594k
Balance sheet strength
Cash
£997k
Cash in the bank
Profit Before Tax
£58k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£4.3M
Current Liabilities
£2.6M
Fixed Assets
£1.1M
Debtors
£3.3M
Cost of Sales
£7.1M
Gross Profit
£3.1M
Admin Expenses
£1.4M
Profit After Tax
£18k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.64 | +£79k |
| 2022 | 1.09 | -£4.9M |
| 2020 | 2.03 | — |
Derived from filed accounts. Not audited figures.