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Wessex Auction Rooms Limited

06431548

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 11 FOREST GATE, CHIPPENHAM, SN15 3RS
Incorporated 20/11/2007

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Martin John Hughes

director · Since 01/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr Timothy Weeks

director · Since 01/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Martin Hughes

secretary · Since 31/12/2016

Persons with Significant Control

Mgi 720 Ltd

75–100% shares
75–100% votes

The Old Post Office, 41-43 Market Place, Chippenham, SN15 3HR

Reg: 11438187 · England And Wales · Limited Company

Notified 28/06/2018

Former PSCs

Mr Martin Hughes

Ceased 27/06/2018

Mr Timothy Weeks

Ceased 27/06/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/07/2019Registered 25/07/2019

CompanyRankvs 1829+ SIC 82990 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.39× · 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 strength23/25 pts

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

Employees15/15 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

£309k

Balance sheet strength

Cash

£212k

Cash in the bank

Net Current Assets

£286k

Working capital

Current Assets

£492k

Current Liabilities

£206k

Fixed Assets

£37k

Debtors

£280k

18avg. employees+1

Balance Sheet

Assets less current liabilities£322k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39-£56k
20232.42+£59k
20222.77+£81k
20212.92—

Derived from filed accounts. Not audited figures.