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Wet Lab Limited

04448028

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 TENNYSON CLOSE, WARWICKSHIRE, CV8 2TD
Incorporated 27/05/2002

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 27/05/2025

Due 10/06/2026

On track

Industry

86900
Other human health activities

Officers

Mrs Karen Austin

secretary · Since 27/05/2002

ADMINISTRATOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mrs Karen Austin

director · Since 27/05/2002

ADMINISTRATOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Kevin Austin

director · Since 27/05/2002

CONSULTANT

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Kevin Austin

25–50% shares

British · England · Age 67

3 Tennyson Close, Warwickshire, CV8 2TD

Notified 06/04/2016

Mrs Karen Austin

25–50% shares

British · England · Age 63

3 Tennyson Close, Warwickshire, CV8 2TD

Notified 06/04/2016

CompanyRankvs 1051+ SIC 86900 peers
87

Financial strength97th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.82× · 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 strength24/25 pts

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

Employees13/15 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 31/05/2025

Net Worth

£566k

Balance sheet strength

Cash

£565k

Cash in the bank

Net Current Assets

£552k

Working capital

Current Assets

£666k

Current Liabilities

£114k

Fixed Assets

£15k

Debtors

£101k

3avg. employees

Balance Sheet

Assets less current liabilities£567k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.82+£43k
20243.33+£140k
20233.43-£63k
20225.82+£5k
20217.65+£5k
202013.93+£57k
20193.28+£35k

Derived from filed accounts. Not audited figures.