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Wedsat Financial Solutions Limited

06146714

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

06146714 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH
Incorporated 08/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Pavitar Singh Haylat

secretary · Since 03/08/2007

BRITISH · Age 52

Mr Pavitar Singh Haylat

director · Since 01/01/2014

CONSULTANT

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Pavitar Singh Haylat

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 52

1st Contact Castlewood House, London, WC1A 1DG

Notified 03/11/2016

CompanyRankvs 8597+ SIC 69201 peers
69

Financial strength54th percentile among SIC peers · 14/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.28× · 20/20
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 strength14/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 22/02/2019

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£13k

Current Liabilities

£6k

1avg. employees-1

Balance Sheet

Assets less current liabilities£7k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20192.28+£1k
20182.37

Derived from filed accounts. Not audited figures.