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Spheritech Limited

06885285

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SPHERITECH LTD, RUNCORN, WA7 4QX
Incorporated 23/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Dr Donald Alfred Wellings

director · Since 23/04/2009

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr Christopher Harris

director · Since 17/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Dr Donald Alfred Wellings

50–75% shares
50–75% votes

British · United Kingdom · Age 67

Glebe Business Park, Lunts Heath Road, Widnes, WA8 5SQ

Notified 06/04/2016

CompanyRankvs 1783+ SIC 72110 peers
45

Financial strength5th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength1/25 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.

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

-£500k

Balance sheet strength

Cash

£546

Cash in the bank

Net Current Assets

-£404k

Working capital

Current Assets

£168k

Current Liabilities

£572k

Fixed Assets

£16k

Debtors

£168k

4avg. employees-1

Balance Sheet

Assets less current liabilities-£387k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£151k
20240.38-£149k
20230.58-£145k
20220.91+£112k
20210.69-£151k
20205.70-£107k
20191.22

Derived from filed accounts. Not audited figures.