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Wada Express Limited

06825979

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

38 SOUTH PARADE, EDGWARE, HA8 5QL
Incorporated 20/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Visaka Gnaneswaran

secretary · Since 20/02/2009

Mrs Vathsala Gnaneswaran

director · Since 20/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mrs Vathsala Gnaneswaran

25–50% shares
25–50% votes

British · England · Age 53

16, Argyll Gardens, Edgware, HA8 5HB

Notified 06/04/2016

CompanyRankvs 477+ SIC 47290 peers
77

Financial strength57th percentile among SIC peers · 14/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.1× · 20/20
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 strength14/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£3k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£50k

Current Liabilities

£24k

Fixed Assets

£1k

Debtors

£6k

9avg. employees

Balance Sheet

Bank loans & overdrafts£24k
Assets less current liabilities£27k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£0
20242.10
20235.94
20225.94
20216.33+£4k
20203.27
20192.43

Derived from filed accounts. Not audited figures.