Wattbike (Holdings) Limited
07410965
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
30/09/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 18/10/2025
Due 01/11/2026
Industry
Officers
director · Since 04/05/2023
CHIEF EXECUTIVE OFFICER
BRITISH · ENGLAND · Age 53
Also on 3 other boards
director · Since 01/07/2025
ENTREPRENEUR
BRITISH · UNITED STATES · Age 45
Also on 2 other boards
Persons with Significant Control
Interactive Strength Inc.
1005, Congress Avenue, Austin, 78701
Reg: 6404738 · United States · Delaware Company
Notified 01/07/2025
Former PSCs
Piper Vi Gp Llp
Ceased 01/07/2025
Piper Nominee Iv Limited
Ceased 16/12/2020
Charges3 outstanding
HUK 134 LIMITED
PIPER VI GP LLP (AS SECURITY TRUSTEE)
PRAETURA COMMERCIAL FINANCE LIMITED
PIPER VI GP LLP (AS SECURITY TRUSTEE)
SANTANDER UK PLC
CompanyRankvs 32487+ SIC 64209 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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of the financial statements, they have no reason to believe that this will not be the case. Therefore a material uncertainty exists which may cast doubt on the group's ability to continue as a going concern. See the Directors' Report and Note 1.3 for further information. Key performance indicators The Group considers sales volume, revenue, gross margin, net profit, cash generation and
Key FinancialsYear ending 30/09/2024
Net Worth
-£12.4M
Balance sheet strength
Cash
£763k
Cash in the bank
Profit Before Tax
-£4.8M
Bottom line earnings
Net Current Assets
-£3.3M
Working capital
Current Assets
£4k
Current Liabilities
£3.3M
Fixed Assets
£315k
Debtors
£2.0M
Cost of Sales
£8.7M
Profit After Tax
-£4.9M
Tax at Year End(2018)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£2.8M |
| 2023 | 0.00 | -£8.6M |
| 2022 | 1.07 | -£10.1M |
| 2021 | 18.86 | +£3.8M |
| 2020 | 204.53 | -£439k |
| 2019 | 33.80 | -£69k |
| 2018 | 40.55 | — |
Derived from filed accounts. Not audited figures.