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Wellbeing Care Limited

06996644

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

19-20 BOURNE COURT, WOODFORD, IG8 8HD
Incorporated 20/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Farooq Mohamed Patel

director · Since 14/06/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mrs Salma Farooq Patel

director · Since 14/06/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Zaeed Patel

25–50% shares
25–50% votes

Zambian · Zambia · Age 45

Abdullah Bin Fahd Building, No4 Office, Al Qusaia

Notified 04/11/2020

Former PSCs

Mukwa Ltd

Ceased 04/11/2020

Charges3 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 08/08/2025Registered 15/08/2025
charge
outstanding

BARCLAYS BANK PLC

Created 22/10/2012Registered 02/11/2012
charge
outstanding

BARCLAYS BANK PLC

Created 14/06/2011Registered 29/06/2011

CompanyRankvs 385+ SIC 87300 peers
75

Financial strength84th percentile among SIC peers · 21/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.43× · 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 strength21/25 pts

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

Employees14/15 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 31/03/2024

Net Worth

£410k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.5M

Current Liabilities

£237k

Fixed Assets

£884k

Debtors

£2.4M

80avg. employees+8

Balance Sheet

Intangible assets£764k
Assets less current liabilities£3.1M
Signed by 2023-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202410.43+£122k
20236.57+£84k
20224.43+£536k
20211.97+£319k
20201.46+£96k
20191.42

Derived from filed accounts. Not audited figures.