System Wessex Ltd
07156150
High 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
Previously known as
Compliance
Last accounts
30/09/2019
small
Next accounts due
30/09/2021
Confirmation statement
Last: 28/09/2020
Due 12/10/2021
Industry
Officers
Former
director · Resigned 03/03/2010
director · Resigned 18/10/2010
director · Resigned 18/10/2010
director · Resigned 18/10/2010
secretary · Resigned 18/10/2010
director · Resigned 01/07/2011
corporate secretary · Resigned 14/08/2012
director · Resigned 04/04/2015
director · Resigned 21/10/2019
director · Resigned 22/09/2021
director · Resigned 22/09/2021
corporate director · Resigned 22/09/2021
Persons with Significant Control
Red Circle Investments Limited
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
BARCLAYS BANK PLC
Insolvency History1 case
Lane Gary Bednash (practitioner) · Adam Price (practitioner)
Change History
Active - Proposal to Strike off
Private Limited Company
CRAFTWORK STUDIOS
LONDON
CompanyRankvs 156545+ SIC 82990 peers21
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 0.92 |
Derived from filed accounts. Not audited figures.