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Wassell Limited

02956641

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

111 SADLER ROAD, LINCOLN, LN6 3RS
Incorporated 08/08/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Paul Stuart Harness

secretary · Since 16/10/1997

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Paul Stuart Harness

director · Since 16/10/1997

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Mr Stephen Lawrey Phipps

director · Since 01/03/2000

CONSULTANT

BRITISH · ENGLAND · Age 68

Also on 27 other boards

Ms Helen Bridgit Marsden

director · Since 28/11/2007

CONSULTANT

BRITISH · ENGLAND · Age 66

Also on 11 other boards

Mr Ceri Lewis Phipps

director · Since 28/11/2007

CONSULTANT

BRITISH · SCOTLAND · Age 62

Also on 10 other boards

Persons with Significant Control

Phipps & Company Limited

75–100% shares

Mathon Court, West Malvern Road, Malvern, WR13 5NZ

Reg: 01704113 · England And Wales Registration · Private Limited Company

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/02/2000Registered 18/02/2000
charge
satisfied

WAGON (LINCOLN) LIMITED

Created 10/03/1997Registered 24/03/1997Satisfied 11/08/2000
charge
outstanding

3I GROUP PLC

Created 17/01/1995Registered 21/01/1995
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/01/1995Registered 20/01/1995

CompanyRankvs 7320+ SIC 45400 peers
62

Financial strength97th percentile among SIC peers · 24/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.7× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1F.H. Warr & Sons Limited
90
2Padgetts (Batley) Limited
90
3Bridge Motorcycles Limited
90
4Bill Smith Motors Limited
90
5Damerells Motor Cycles Limited
90
6Motor Body Services (Salford) Limited
90
7Hunts Cycle And Motor Stores Limited
90
8Oxford Products Limited
90
9Colwyn Bay Motor Cycles Limited
90
10W.G. Friend And Son Limited
90
732Wassell Limited
68
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.

Employees2/15 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 31/03/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£818k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£3.3M

Current Liabilities

£2.0M

Fixed Assets

£25k

Debtors

£252k

0avg. employees

Tax at Year End

Corp tax£133k

Balance Sheet

Intangible assets£10k
Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.70

Derived from filed accounts. Not audited figures.