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Wherry Financial Services Limited

03435196

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

11 CHURCH STREET, SURREY, GU7 1EQ
Incorporated 17/09/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Michael Drake

director · Since 25/09/2000

INSURANCE AGENT

BRITISH · ENGLAND · Age 80

Also on 3 other boards

Mr Gavin Seth Drake

director · Since 06/04/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Michael Drake

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 80

11 Church Street, Surrey, GU7 1EQ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 03/10/1997Registered 10/10/1997Satisfied 22/02/2023

CompanyRankvs 1151+ SIC 64999 peers
82

Financial strength81th percentile among SIC peers · 20/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5× · 20/20
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 strength20/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/10/2024

Net Worth

£126k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£133k

Working capital

Current Assets

£166k

Current Liabilities

£33k

3avg. employees-2

Balance Sheet

Assets less current liabilities£133k
Signed by Mr Michael Drake 22/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.00+£118k
20231.39-£11k
20222.14-£12k
20213.24-£11k
20203.82+£653
20195.40-£23k
20186.51

Derived from filed accounts. Not audited figures.