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Michael Wackett & Co Ltd

03662478

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

584 WELLSWAY, BATH, BA2 2UE
Incorporated 05/11/1998

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/10/2025

Due 09/11/2026

On track

Industry

13931
Manufacture of woven or tufted carpets and rugs
90030
Artistic creation

Officers

Mr Michael Wackett

secretary · Since 05/11/1998

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 79

Also on 9 other boards

Mrs Lorraine Wackett

director · Since 05/11/1998

MANAGEMENT CONSULTANTS

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Mr Michael Wackett

director · Since 05/11/1998

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 79

Also on 9 other boards

Persons with Significant Control

Mr Michael Wackett

50–75% shares

British · England · Age 79

Hideaway 49a Potters Hill, Crockerton, Warminster, BA12 8AD

Notified 06/04/2016

Mrs Lorraine Wackett

25–50% shares

British · United Kingdom · Age 72

Hideaway 49a Potters Hill, Crockerton, Warminster, BA12 8AD

Notified 06/04/2016

CompanyRankvs 22+ SIC 13931 peers
71

Financial strength45th percentile among SIC peers · 11/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.51× · 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 strength11/25 pts

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

Employees10/15 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 31/10/2025

Net Worth

£175

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£241k

Working capital

Current Assets

£310k

Current Liabilities

£69k

Fixed Assets

£115k

Debtors

£262k

3avg. employees

Tax at Year End

Corp tax£7k

Balance Sheet

Intangible assets£110k
Assets less current liabilities£356k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20254.51
20242.80
20232.73

Derived from filed accounts. Not audited figures.