Back to search

Wmec Limited

02987469

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 WOODHORN BUSINESS CENTRE WOODHORN LANE, CHICHESTER, PO20 2BX
Incorporated 07/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Kenneth Charles Hiscock

director · Since 07/11/1994

BUSINESSMAN

BRITISH · ENGLAND · Age 79

Mrs Nicola Louise Smith

director · Since 10/04/2017

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Kenneth Charles Hiscock

75–100% shares

British · England · Age 79

Unit 4 Woodhorn Business Centre, Woodhorn Lane, Chichester, PO20 2BX

Notified 01/06/2016

Mrs Nicola Louise Smith

Significant control
significant-influence-or-control-as-firm

British · England · Age 48

Unit 4 Woodhorn Business Centre, Woodhorn Lane, Chichester, PO20 2BX

Notified 01/01/2020

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 22/02/1996Registered 26/02/1996

CompanyRankvs 1570+ SIC 28990 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength3/25 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.

Liquidity12/20 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

-£598

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£166k

Current Liabilities

£160k

Fixed Assets

£1k

Debtors

£139k

0avg. employees-5

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities£7k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.03
20240.97-£36k
20231.64-£23k
20221.51-£13k
20212.39

Derived from filed accounts. Not audited figures.