World Franchise Council
05436039
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/06/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
CompanyRankvs 387+ SIC 94110 peers64
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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
that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are presented in the US Dollar ($) which is also the functional currency of the company. Going concern The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements
Key FinancialsYear ending 31/12/2024
Net Worth
£172k
Balance sheet strength
Cash
£171k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£179k
Current Liabilities
£7k
Debtors
£8k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 26.69 | -£4k |
| 2023 | 19.88 | +£10k |
| 2022 | 40.12 | +£3k |
| 2021 | 137.82 | +£12k |
| 2020 | 150.19 | +£16k |
| 2019 | 137.46 | — |
Derived from filed accounts. Not audited figures.