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Westmax Ltd

04513559

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

141A STAMFORD HILL, N16 5LG
Incorporated 16/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David Bineth

director · Since 25/08/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 18 other boards

Persons with Significant Control

Darbin Estates Limited

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

141a Stamford Hill, London, N16 5LG

Reg: 08809519 · Companies House · Limited Company

Notified 26/02/2019

Former PSCs

Mr David Bineth

Ceased 06/04/2016

Darbin Estates Ltd

Ceased 06/04/2016

Charges6 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 06/10/2022Registered 17/10/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 11/12/2014Registered 23/12/2014
Charge
outstanding

BARCLAYS BANK PLC

Created 11/12/2014Registered 17/12/2014
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 24/10/2008Registered 30/10/2008Satisfied 21/11/2022
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 31/01/2008Registered 09/02/2008Satisfied 21/11/2022
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 03/09/2007Registered 05/09/2007Satisfied 21/11/2022
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 25/05/2007Registered 26/05/2007Satisfied 20/11/2014
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 25/05/2007Registered 26/05/2007Satisfied 18/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 31/01/2007Registered 03/02/2007Satisfied 18/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 31/01/2007Registered 03/02/2007Satisfied 18/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 31/01/2007Registered 03/02/2007Satisfied 18/09/2015
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 22/09/2006Registered 26/09/2006Satisfied 18/09/2015
charge
satisfied

CAPITAL HOME LOANS LIMITED

Created 18/05/2006Registered 20/05/2006Satisfied 21/11/2022
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 23/06/2005Registered 01/07/2005Satisfied 18/09/2015
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 23/06/2005Registered 01/07/2005Satisfied 18/09/2015
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 28/10/2004Registered 10/11/2004Satisfied 20/11/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/04/2004Registered 15/05/2004Satisfied 20/11/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/03/2004Registered 25/03/2004Satisfied 20/11/2014
charge
outstanding

WOOLWICH PLC

Created 21/07/2003Registered 02/08/2003
charge
outstanding

WOOLWICH PLC

Created 23/10/2002Registered 30/10/2002
charge
outstanding

WOOLWICH PLC

Created 23/10/2002Registered 30/10/2002

CompanyRankvs 15847+ SIC 68209 peers
67

Financial strength96th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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15847Westmax Ltd
77
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.

Employees3/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.9M

Current Liabilities

£966k

Fixed Assets

£1.3M

Debtors

£2.8M

0avg. employees

Balance Sheet

Bank loans & overdrafts£921k
Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.00+£371k
20231.88-£43k
20221.85-£603k
20212.24+£540k
20201.76-£2k
20191.60-£244k
20182.01—

Derived from filed accounts. Not audited figures.