Weyco Services Limited
05868640
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/09/2024
FE PRINCIPAL & CEO
BRITISH · ENGLAND · Age 47
secretary · Since 17/09/2025
Persons with Significant Control
Weymouth And Kingston Maurward College
Weymouth And Kingston Maurward College, Cranford Avenue, Weymouth, DT4 7LQ
Notified 06/07/2016
CompanyRankvs 8191+ SIC 56290 peers42
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£27k). With no formal letter of support in place, this represents a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. Page 4 WEYCO SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2. ACCOUNTING POLICIES (CONTINUED) 2.4 PRIOR YEAR RESTATEMENT Prior year cost of sales and admin expen
Key FinancialsYear ending 31/07/2025
Net Worth
-£79k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£79k
Working capital
Current Assets
£101k
Current Liabilities
£180k
Debtors
£73k
Profit After Tax
-£62k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.56 |
Derived from filed accounts. Not audited figures.