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Wirehive Limited

05451011

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

CHESTER HOUSE, FARNBOROUGH, GU14 6TQ
Incorporated 12/05/2005

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

62090
Other information technology service activities

Officers

Mrs Michelle Do Carmo Correia

director · Since 26/09/2024

SOLICITOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mr Jodocus Wilhelmus Franciscus Severinus Stam

director · Since 26/09/2024

FINANCE DIRECTOR

DUTCH · ENGLAND · Age 59

Also on 3 other boards

Mr Craig Foster

director · Since 20/08/2025

CFO

AMERICAN · UNITED STATES · Age 55

Persons with Significant Control

Pax8 Uk Limited

75–100% shares
75–100% votes

4 Studley Court, Guildford Road, Woking, GU24 8EB

Reg: 11737022 · Companies House · Private Limited Company

Notified 23/12/2020

Former PSCs

Mr Robert Belgrave

Ceased 23/12/2020

Mr Simon Green

Ceased 23/12/2020

Mr James Rossell

Ceased 23/12/2020

Charges3 outstanding

Charge
outstanding

HSBC VENTURES USA INC.

Created 06/08/2024Registered 07/08/2024
Charge
outstanding

HSBC VENTURES USA INC.

Created 06/08/2024Registered 07/08/2024
Charge
outstanding

HSBC VENTURES USA INC.

Created 16/11/2023Registered 20/11/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/07/2013Registered 04/07/2013Satisfied 17/11/2023

CompanyRankvs 22426+ SIC 62090 peers
37

Financial strength52th percentile among SIC peers · 13/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength13/25 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.

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£100.1M

Annual revenue

Net Worth

£1k

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

-£91k

Bottom line earnings

Net Current Assets

£540k

Working capital

Current Assets

£30.7M

Current Liabilities

£30.1M

Debtors

£28.6M

Cost of Sales

£100.1M

Gross Profit

-£20k

Admin Expenses

£70k

Operating Profit

-£91k

Profit After Tax

-£91k

0avg. employees-5

Tax at Year End(2021)

Corp tax£55k
VAT£702k

Director Loans(2020)

Company owes directors£666

Balance Sheet

Assets less current liabilities£540k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.02-£629k
20231.03+£286k
20221.01+£298k
20210.95-£84k£14.0M
20200.92+£1k£5.5M
20200.69-£49k£3.4M
20190.60+£50k
20170.62

Derived from filed accounts. Not audited figures.