Back to search

Wax Art Limited

05508992

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

98 HORNCHURCH ROAD, HORNCHURCH, RM11 1JS
Incorporated 14/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Curtis Jay Simmons

director · Since 16/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 2 other boards

Persons with Significant Control

Wax Art Holdings Limited

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

98, Hornchurch Road, Hornchurch, RM11 1JS

Reg: 11690092 · Register Of Companies · Limited Company

Notified 16/10/2025

Former PSCs

Mr Perry David Simmons

Ceased 16/10/2025

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 27/01/2015Registered 10/02/2015Satisfied 22/12/2020
charge
satisfied

HSBC BANK PLC

Created 17/08/2010Registered 19/08/2010Satisfied 02/10/2018
charge
satisfied

HSBC BANK PLC

Created 17/07/2009Registered 31/07/2009Satisfied 02/10/2018
charge
satisfied

HSBC BANK PLC

Created 23/09/2005Registered 30/09/2005Satisfied 02/10/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 02/09/2005Registered 03/09/2005Satisfied 02/10/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 02/09/2005Registered 03/09/2005Satisfied 02/10/2018

CompanyRankvs 338+ SIC 82990 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 30/04/2025

Turnover

£6.7M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£977k

Bottom line earnings

Net Current Assets

£5.8M

Working capital

Current Assets

£6.8M

Current Liabilities

£1.0M

Fixed Assets

£264k

Debtors

£2.8M

Cost of Sales

£3.8M

Gross Profit

£2.9M

Admin Expenses

£1.9M

Operating Profit

£941k

Profit After Tax

£719k

57avg. employees-17

Tax at Year End

Corp tax£215k
Dividends paid-£270k

People Costs

Wages & salaries£1.7M
NI contributions£167k

Balance Sheet

Interest payable£48k
Assets less current liabilities£6.0M
Signed by Mr C J Simmons 30/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.57+£449k
20247.71-£219k
20238.38+£952k
20225.15+£537k
20214.83

Derived from filed accounts. Not audited figures.