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Witts Limited

05569020

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

HESKIN HALL FARM WOOD LANE, PRESTON, PR7 5PA
Incorporated 20/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities
78109
Other activities of employment placement agencies

Officers

Mr John Ridley Wallace

secretary · Since 20/09/2005

BRITISH · UNITED KINGDOM · Age 91

Also on 14 other boards

Mr John Ridley Wallace

director · Since 20/09/2005

DIRECTOR

BRITISH · ENGLAND · Age 91

Also on 14 other boards

Mr Simon Charles Wallace

director · Since 20/09/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Simon Charles Wallace

75–100% shares

British · United Kingdom · Age 57

Heskin Hall Farm, Wood Lane, Preston, PR7 5PA

Notified 06/04/2016

CompanyRankvs 15+ SIC 52290 peers
42

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength0/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 31/12/2022

Net Worth

£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£554k

Current Liabilities

£510k

Fixed Assets

£153k

Debtors

£498k

2avg. employees-1

Tax at Year End

Corp tax£42k
VAT£78k

Balance Sheet

Bank loans & overdrafts£49k
Assets less current liabilities£198k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20221.09£1.6M
20211.08£1.6M
20201.23+£8k£2.9M
20191.07-£40k
20181.12

Derived from filed accounts. Not audited figures.