Back to search

Worldwisetrading Ltd

06224384

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1, AVAD HOUSE, NORTHOLT, UB5 5HY
Incorporated 24/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment
47990
Other retail sale not in stores, stalls or markets

Officers

Mr William Anthony Uttley

director · Since 24/04/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr William Anthony Uttley

75–100% shares
75–100% votes
Appoint directors

British · England · Age 41

Unit 1, Avad House, Belvue Road, Northolt, UB5 5HY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/10/2018Registered 16/11/2018
charge
outstanding

HSBC BANK PLC

Created 30/03/2012Registered 04/04/2012

CompanyRankvs 167+ SIC 27900 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

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

£1.2M

Balance sheet strength

Cash

£492k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.8M

Current Liabilities

£614k

Fixed Assets

£15k

Debtors

£567k

14avg. employees-1

Tax at Year End

Corp tax£203k

Director Loans(2019)

Company owes directors£137k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.96+£162k
20232.85+£111k
20222.89+£546k
20191.52-£56k£670k
20186.78+£154k£215k
20182.13£203k

Derived from filed accounts. Not audited figures.