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West Wight Drilling & Piling Limited

02860876

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17 EDINBURGH ROAD, FRESHWATER, PO40 9DL
Incorporated 11/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr George Michael Morris

director · Since 04/02/2022

CONSTRUCTION ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr George Michael Morris

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 46

17, Edinburgh Road, Freshwater, PO40 9DL

Notified 04/02/2022

Former PSCs

Peter Francis Hanley

Ceased 04/02/2022

CompanyRankvs 88922+ SIC 82990 peers
47

Financial strength8th percentile among SIC peers · 2/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£31k

Current Liabilities

£65k

Fixed Assets

£15k

Debtors

£22k

4avg. employees

Tax at Year End

VAT£969

Balance Sheet

Assets less current liabilities-£19k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.48+£0£19k
20250.48-£28k£19k
20240.94-£8k£212k
20231.26——

Derived from filed accounts. Not audited figures.