Wernick Refurbished Buildings Ltd.
03341126
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 21/03/2026
Due 04/04/2027
Industry
Officers
director · Since 25/02/2005
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 24 other boards
director · Since 01/01/2017
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 16 other boards
director · Since 01/01/2021
DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 11 other boards
director · Since 01/01/2023
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Wernick Hire Limited
Molineux House, Russell Gardens, Wickford, SS11 8QG
Reg: 00633778 · Companies House · Limited Liability Company
Notified 31/03/2023
Former PSCs
Mr David Mark Wernick
Ceased 06/08/2021
S Wernick & Sons (Holdings) Limited
Ceased 31/03/2023
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 610+ SIC 41201 peers70
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£12.8M
Balance sheet strength
Cash
£989k
Cash in the bank
Profit Before Tax
£3.3M
Bottom line earnings
Net Current Assets
£8.7M
Working capital
Current Assets
£22.7M
Current Liabilities
£6.2M
Fixed Assets
£2.1M
Cost of Sales
£12.6M
Profit After Tax
£2.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.65 | +£2.4M |
| 2023 | 2.40 | +£1.8M |
| 2022 | 1.73 | +£1.1M |
| 2021 | 2.79 | +£1.5M |
| 2020 | 4.03 | +£492k |
| 2019 | 4.83 | +£657k |
| 2018 | 5.57 | — |
Derived from filed accounts. Not audited figures.