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Wattbike Ip Limited

07411085

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT 13 NOTTINGHAM SOUTH & WILFORD INDUSTRIAL ESTATE, NOTTINGHAM, NG11 7EP
Incorporated 18/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77400
Leasing of intellectual property and similar products

Officers

Mr Stephen Desmond Loftus

director · Since 04/05/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mr Trent Alexander Ward

director · Since 01/07/2025

ENTREPRENEUR

BRITISH · UNITED STATES · Age 45

Also on 2 other boards

Persons with Significant Control

Wattbike (Holdings) Limited

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

Unit 13, Nottingham South & Wilford Ind Estate, Nottingham, NG11 7EP

Reg: 07410965 · Companies House · Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HUK 134 LIMITED

Created 11/10/2023Registered 12/10/2023
Charge
satisfied

PRAETURA COMMERCIAL FINANCE LIMITED

Created 26/08/2022Registered 31/08/2022Satisfied 30/01/2025
Charge
outstanding

PIPER VI GP LLP (AS SECURITY TRUSTEE)

Created 26/08/2022Registered 30/08/2022
Charge
outstanding

PIPER VI GP LLP (AS SECURITY TRUSTEE)

Created 16/12/2020Registered 18/12/2020
Charge
satisfied

SANTANDER UK PLC

Created 14/02/2020Registered 17/02/2020Satisfied 26/08/2022

CompanyRankvs 660+ SIC 77400 peers
36

Financial strength38th percentile among SIC peers · 10/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 compliance15/15 pts

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

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£4

Balance sheet strength

Cash

£73

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£9k

Current Liabilities

£24k

Debtors

£9k

0avg. employees-3

Tax at Year End(2018)

Corp tax£2k

Balance Sheet

Intangible assets£95k
Assets less current liabilities£80k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38
202337.10+£78k
20229.46
20213.14
20204.28
20197.23
20183.87

Derived from filed accounts. Not audited figures.