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Whitegate Systems Ltd

03216477

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

FLAT 1, 29 SOUTH FARM ROAD, WORTHING, BN14 7AD
Incorporated 25/06/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26400
Manufacture of consumer electronics
27900
Manufacture of other electrical equipment

Officers

Mr Yousuf Riaz Khan

director · Since 01/01/2010

ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Yousuf Riaz Khan

Significant control

British · England · Age 60

Flat 1, 29 South Farm Road, Flat 1, 29 South Farm Road, Worthing, BN14 7AD

Notified 01/07/2016

CompanyRankvs 542+ SIC 26400 peers
43

Financial strength11th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.23× · 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 strength3/25 pts

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

Employees8/15 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 30/06/2025

Net Worth

-£26k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£7k

Current Liabilities

£30k

Fixed Assets

£674

Debtors

£3k

1avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£23k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23-£3k
20240.25-£3k
20230.28-£4k
20220.36-£4k
20210.55

Derived from filed accounts. Not audited figures.