Ware Frames Ltd
07147627
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/02/2015
NONE
BRITISH · ENGLAND · Age 67
Also on 2 other boards
director · Since 01/06/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 1 other board
Persons with Significant Control
Ms Deborah Wareing
British · England · Age 67
The Spyglass, Abbey Street, Penzance, TR18 4AR
Notified 28/07/2016
Former PSCs
Ms Melanie Creaser Howard
Ceased 01/02/2017
Mr Adam Wood
Ceased 01/02/2017
CompanyRankvs 880+ SIC 16290 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£29k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£31k
Working capital
Current Assets
£53k
Current Liabilities
£83k
Fixed Assets
£2k
Debtors
£29k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.63 | -£13k |
| 2024 | 0.75 | — |
| 2023 | 0.91 | — |
| 2022 | 0.97 | — |
| 2021 | 1.16 | — |
| 2020 | 0.84 | — |
| 2019 | 0.41 | — |
Derived from filed accounts. Not audited figures.