Worcester Wheels
03323024
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 16/11/2025
Due 30/11/2026
Industry
Officers
director · Since 22/11/2017
TRUSTEE
BRITISH · ENGLAND · Age 73
Also on 3 other boards
CompanyRankvs 9739+ SIC 88990 peers22
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that there are no material uncertainties about its ability to continue . Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements . 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectiv
Key FinancialsYear ending 31/03/2025
Net Worth
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Balance sheet strength
Cash
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Cash in the bank
Net Current Assets
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Working capital
Current Assets
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Current Liabilities
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People Costs(2023)
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 18.12 |
Derived from filed accounts. Not audited figures.