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Washwear Services Limited

07052301

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

49 QUEENSWOOD ROAD, SIDCUP, DA15 8QP
Incorporated 21/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96010
Washing and (dry-)cleaning of textile and fur products
96090
Other personal service activities

Officers

Mr Adebayo Sijuade

secretary · Since 21/10/2009

Also on 5 other boards

Mr Adebayo Sijuade

director · Since 21/10/2009

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Persons with Significant Control

Mr Adebayo Sijuade

75–100% shares

British · England · Age 59

49, Queenswood Road, Sidcup, DA15 8QP

Notified 15/10/2016

CompanyRankvs 2172+ SIC 96010 peers
40

Financial strength15th percentile among SIC peers · 4/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.14× · 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 strength4/25 pts

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

Employees4/15 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 31/10/2024

Net Worth

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£165

Current Liabilities

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£1k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£9k
20230.36-£40k
20220.36-£6k
20210.17-£3k
20200.28-£2k
20190.12-£4k
20180.07

Derived from filed accounts. Not audited figures.