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Witt Limited

06348505

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

METHERELL GARD, BUDE, EX23 8BX
Incorporated 21/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Martin John Wickett

director · Since 21/08/2007

DIRECTOR

BRITISH · FRANCE · Age 69

Mary Bernadette Wickett

director · Since 06/10/2008

DIRECTOR PA

BRITISH · FRANCE · Age 72

Mr William Corr

director · Since 05/08/2013

DIRECTOR

BRITISH · SCOTLAND · Age 63

Also on 1 other board

Mr Roger Evans C Eng Mim

director · Since 01/09/2019

DIRECTOR

BRITISH · WALES · Age 71

Timothy John Williams

director · Since 01/07/2022

DIRECTOR

WELSH · WALES · Age 71

Also on 3 other boards

Persons with Significant Control

Martin Wickett

25–50% shares

British · United Kingdom · Age 69

Metherell Gard, Burn View, Bude, EX23 8BX

Notified 21/08/2016

Mairi Wickett

25–50% shares

British · United Kingdom · Age 72

Metherell Gard, Burn View, Bude, EX23 8BX

Notified 21/08/2016

Charges0 outstanding

Charge
satisfied

CLIVE BANKS

Created 24/02/2016Registered 03/03/2016Satisfied 25/01/2018
Charge
satisfied

SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED

Created 29/07/2013Registered 08/08/2013Satisfied 10/11/2015
charge
satisfied

SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED

Created 29/06/2012Registered 04/07/2012Satisfied 10/11/2015

CompanyRankvs 1586+ SIC 72190 peers
58

Financial strength95th percentile among SIC peers · 24/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees12/15 pts

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

Liquidity2/20 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

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

they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Going Concern Management has assessed the company's ability to continue as a going concern for a period of at least twelve months from the date of approval of the financial statements. The financial s

Key FinancialsYear ending 30/04/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£47k

Current Liabilities

£115k

Fixed Assets

£1.7M

Debtors

£5k

3avg. employees

Balance Sheet

Intangible assets£1.7M
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£74k
20240.64-£68k
20231.52-£20k
20221.67-£6k
20210.44-£2k
20200.67+£67k
20191.00-£109k
20182.50

Derived from filed accounts. Not audited figures.