Wring Group Limited
03899806
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/08/2024
group
Next accounts due
30/05/2026
Confirmation statement
Last: 10/11/2025
Due 24/11/2026
Industry
Officers
director · Since 21/12/1999
DIRECTOR/CONTRACTOR
BRITISH · ENGLAND · Age 60
Also on 37 other boards
secretary · Since 01/01/2000
DIRECTOR/CONTRACTOR
BRITISH · ENGLAND · Age 60
Also on 37 other boards
director · Since 10/01/2000
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 7 other boards
Persons with Significant Control
Mr John Matthew Wring
British · England · Age 60
Vale Lane, Bristol, BS3 5RU
Notified 06/04/2016
Mr Dean Stuart Wring
British · United Kingdom · Age 56
Vale Lane, Bristol, BS3 5RU
Notified 06/04/2016
J E Wring Discretionary Trust
5, Vale Lane, Bristol, BS3 5RU
Notified 06/04/2016
Charges0 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 792+ SIC 42990 peers76
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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
uncertainty that exists due to external market changes affecting the properties held since the last valuation. Our opinion is not modified in respect of this matter. Conclusions relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Bas
Key FinancialsYear ending 31/08/2024
Turnover
£13.0M
Annual revenue
Net Worth
£8.1M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
-£795k
Bottom line earnings
Net Current Assets
£2.3M
Working capital
Current Assets
£5.5M
Current Liabilities
£3.2M
Fixed Assets
£8.9M
Debtors
£2.9M
Cost of Sales
£10.3M
Gross Profit
£2.6M
Admin Expenses
£3.3M
Operating Profit
-£668k
Profit After Tax
-£530k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.72 | -£530k |
| 2023 | 2.12 | +£295k |
| 2022 | 2.17 | +£1.2M |
| 2021 | 1.83 | +£688k |
| 2020 | 1.80 | — |
Derived from filed accounts. Not audited figures.