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Venue Wifi Limited

06272441

active
Private Limited Company
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

C/O PM+M FIRST FLOOR, SANDRINGHAM HOUSE, BURY, BL9 8RN
Incorporated 07/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Gavin Lloyd Wheeldon

director · Since 24/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Mr Peter Francis Lee

director · Since 27/04/2016

CFO

BRITISH · ENGLAND · Age 55

Also on 8 other boards

Persons with Significant Control

So Purple Group Ltd

75–100% shares

C/O Pm+M, First Floor, Sandringham House, Bury, BL9 8RN

Reg: 08187142 · England And Wales · Private Limited

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

RIVERSIDE ACCELERATION CAPITAL FUND II, L.P.

Created 18/06/2021Registered 23/06/2021

CompanyRankvs 44871+ SIC 62020 peers
47

Financial strength18th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.08× · 20/20
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 strength5/25 pts

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

Employees2/15 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 31/01/2025

Net Worth

£1

Balance sheet strength

Cash

£210k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.5M

Current Liabilities

£347k

Debtors

£2.2M

0avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20257.08
20248.36
202315.13
202215.95
202126.24
202030.18
201948.86

Derived from filed accounts. Not audited figures.