Wire Direct Limited
03818229
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/08/1999
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 1 other board
secretary · Since 14/12/2005
SECRETARY
BRITISH · ENGLAND · Age 70
Also on 1 other board
Persons with Significant Control
Mr David Graham Waters
British · United Kingdom · Age 72
64, Noverton Lane, Cheltenham, GL52 5DE
Notified 04/12/2025
Former PSCs
Mr David Waters
Ceased 04/12/2025
CompanyRankvs 1667+ SIC 74300 peers49
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£9k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£71k
Current Liabilities
£80k
Debtors
£69k
Tax at Year End(2020)
Director Loans
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.89 | +£620 |
| 2024 | 0.87 | — |
| 2023 | 1.01 | — |
| 2022 | 1.03 | -£4k |
| 2021 | 1.09 | -£1k |
| 2020 | 1.15 | -£14k |
| 2019 | 1.64 | — |
Derived from filed accounts. Not audited figures.