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Witts Limited

05569020

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

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

Compliance

Last accounts

31/12/2022

total exemption full

Accounts

Up to date

Confirmation statement

Last: 31/05/2023

Due

On track

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

Insolvency History1 case

creditors voluntary liquidation15/11/2023

Clive Morris (practitioner)

CompanyRankvs 15+ SIC 52290 peers
32

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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 RatioEst. Revenue
20221.09£1.6M
20211.08£1.6M

Derived from filed accounts. Not audited figures.