West Wales Development Trust
07206308
Some Concerns
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/03/2010
COMPANY DIRECTOR
BRITISH · WALES · Age 57
Also on 8 other boards
Persons with Significant Control
Mr Phylip Morgan
British · Wales · Age 57
Ger Y Nant, Penybanc, Llandeilo, SA19 7SU
Notified 16/01/2019
Former PSCs
Mr Michael Morgan
Ceased 18/06/2018
CompanyRankvs 33169+ SIC 41100 peers53
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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 31/03/2024
Net Worth
£170k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
—
Current Liabilities
£26k
Fixed Assets
£335k
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | -£477 |
| 2023 | -£1k |
Derived from filed accounts. Not audited figures.