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Work The World Ltd

05657211

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

15 WEST STREET, BRIGHTON, BN1 2RL
Incorporated 19/12/2005

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

79110
Travel agency activities

Officers

Mr Omar Francis Mactavish Mohamed

director · Since 16/01/2006

MANAGER

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Omar Francis Mactavish Mohamed

75–100% shares
75–100% votes

British · England · Age 49

15, West Street, Brighton, BN1 2RL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/10/2020Registered 30/10/2020

CompanyRankvs 1455+ SIC 79110 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

£226k

Balance sheet strength

Cash

£480k

Cash in the bank

Net Current Assets

-£144k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.0M

Fixed Assets

£372k

Debtors

£1.3M

12avg. employees

Tax at Year End(2023)

Corp tax£111k
Dividends paid£135k

Balance Sheet

Intangible assets£363k
Bank loans & overdrafts£47k
Assets less current liabilities£228k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93
20230.99
20221.03
20210.74-£16k
20200.80-£329k
20190.97+£12k
20180.97

Derived from filed accounts. Not audited figures.