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Wellbeing Residential Ltd

05587420

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

88 HILL VILLAGE ROAD, SUTTON COLDFIELD, B75 5BE
Incorporated 10/10/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Bob Hardeep Singh Dhaliwal

director · Since 10/10/2005

MANAGER

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Mr Bob Hardeep Singh Dhaliwal

25–50% shares

British · England · Age 51

88, Hill Village Road, Sutton Coldfield, B75 5BE

Notified 06/04/2016

Wellbeing Residential Salford Limited

25–50% shares

88, Hill Village Road, Sutton Coldfield, B75 5BE

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE FOR EACH GROUP MEMBER)

Created 28/07/2014Registered 31/07/2014
Charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE FOR EACH GROUP MEMBER)

Created 28/07/2014Registered 31/07/2014
charge
outstanding

ABBEY NATIONAL PLC

Created 30/11/2007Registered 11/12/2007

CompanyRankvs 818+ SIC 87300 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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818Wellbeing Residential Ltd
79
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£484k

Cash in the bank

Net Current Assets

£355k

Working capital

Current Assets

£1.2M

Current Liabilities

£800k

Fixed Assets

£2.0M

Debtors

£671k

69avg. employees+7

Tax at Year End(2023)

Corp tax£47k

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£189k
20231.41-£129
20221.64+£25k
20210.61+£180k
20200.49+£157k
20191.30+£72k
20181.34—

Derived from filed accounts. Not audited figures.