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Wits Limited

06626681

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 THE BRIARS, RICKMANSWORTH, WD3 6AU
Incorporated 23/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr John Ridley Wallace

secretary · Since 23/06/2008

BRITISH · UNITED KINGDOM · Age 91

Also on 14 other boards

Mrs Elizabeth Wallace

director · Since 23/06/2008

RETIRED

BRITISH · UNITED KINGDOM · Age 89

Mr John Ridley Wallace

director · Since 23/06/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 91

Also on 14 other boards

Persons with Significant Control

Mr John Ridley Wallace

Significant control

British · England · Age 91

2 The Briars, Sarratt, Rickmansworth, WD3 6AU

Notified 01/07/2016

CompanyRankvs 18118+ SIC 62090 peers
66

Financial strength73th percentile among SIC peers · 18/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.71× · 16/20
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 strength18/25 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.

Liquidity16/20 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 30/06/2025

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£46k

Current Liabilities

£27k

Fixed Assets

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.71+£0
20251.71+£0
20241.71+£0
20231.71+£0
20221.71+£0
20211.71+£0
20201.71+£0
20191.71+£0
20181.71

Derived from filed accounts. Not audited figures.