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Workare Limited

04516664

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

WATERTON BUILDINGS BROCASTLE AVENUE, BRIDGEND, CF31 3US
Incorporated 21/08/2002

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

86900
Other human health activities

Officers

Dr Nicola Jane Cordell

director · Since 01/02/2023

CONSULTANT PHYSICIAN

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Workare Holdings Limited

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

13 Acorn Business Park, Northarbour Road, Portsmouth, PO6 3TH

Reg: 14617938 · Companies House · Private Limited Company

Notified 01/02/2023

Former PSCs

Ms Lorainne Janette Jenkins

Ceased 01/02/2023

CompanyRankvs 22413+ SIC 86900 peers
59

Financial strength26th percentile among SIC peers · 7/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.31× · 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 strength7/25 pts

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

Employees2/15 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 31/08/2024

Net Worth

£2

Balance sheet strength

Cash

£813

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£155k

Current Liabilities

£36k

Debtors

£154k

0avg. employees-4

Balance Sheet

Assets less current liabilities£119k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.31
20232.76
20222.45-£6k
20213.43+£5k
20204.16-£8k
20193.22+£9k
20183.08

Derived from filed accounts. Not audited figures.