Back to search

System Wessex Ltd

07156150

activeactive proposal to strike off
ltd
england wales
Companies House
Insolvency history
Accounts overdue
Confirmation statement overdue
Health Score
30 / 100

High Risk

0/30
Filing
10/30
Financial
20/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

Craftwork Studios, 1-3 Dufferin Street, London, EC1Y 8NA
Incorporated 12/02/2010

Previously known as

Move Toward Limited · until 17/05/2010

Compliance

Last accounts

30/09/2019

small

Next accounts due

30/09/2021

Overdue

Confirmation statement

Last: 28/09/2020

Due 12/10/2021

Overdue

Industry

82990
Other business support service activities

Officers

Iain Urquhart Mckeand

director · Since 22/09/2021

British · United Arab Emirates · Age 63

Former

Jonathon Charles Round

director · Resigned 03/03/2010

James Edward Kearsey

director · Resigned 18/10/2010

Terence John Whyman

director · Resigned 18/10/2010

David John Snodin

director · Resigned 18/10/2010

James Edward Kearsey

secretary · Resigned 18/10/2010

Saul Hendrik Loggenberg

director · Resigned 01/07/2011

Accounts Unlocked Llp

corporate secretary · Resigned 14/08/2012

Iain Urquhart Mckeand

director · Resigned 04/04/2015

David John Snodin

director · Resigned 21/10/2019

Iain Urquhart Mckeand

director · Resigned 22/09/2021

Rachel Irene Turner

director · Resigned 22/09/2021

Red Circle Investments Limited

corporate director · Resigned 22/09/2021

Persons with Significant Control

Red Circle Investments Limited

75–100% shares
75–100% votes
Appoint directors

1, Charterhouse Mews, London, EC1M 6BB

Reg: 09779617 · United Kingdom · Limited Company

Notified 07/04/2016

Former PSCs

Mr Iain Urquhart Mckeand

Ceased 02/12/2017

Red Circle Investments Ltd

Ceased 09/10/2019

Ms Rachel Turner

Ceased 22/10/2019

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 04/02/2016Registered 12/02/2016Satisfied 21/04/2021

Insolvency History1 case

in administration

Lane Gary Bednash (practitioner) · Adam Price (practitioner)

Change History

officer appointedMCKEAND, Iain Urquhart
2026-06-06
statusactive
2026-06-06

Active - Proposal to Strike off

typeltd
2026-06-06

Private Limited Company

address line1Craftwork Studios
2026-06-06

CRAFTWORK STUDIOS

post townLondon
2026-06-06

LONDON

CompanyRankvs 156545+ SIC 82990 peers
21

Financial strength33th percentile among SIC peers · 8/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAccounts and CS overdue · 0/15
Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 compliance0/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2019

Net Worth

£100

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£403k

Current Liabilities

£439k

Fixed Assets

£34k

Debtors

£401k

0avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20190.92

Derived from filed accounts. Not audited figures.