Back to search

Joe Wills Ltd

07455058

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

OFFICE 13, WORKSPACE ABBEY ROAD BUSINESS PARK, DURHAM, DH1 5JZ
Incorporated 30/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Joe Lloyd Williams

director · Since 30/11/2010

WEB CONSULTANT

BRITISH · WALES

Persons with Significant Control

Mr Joe Lloyd Williams

75–100% shares
75–100% votes

British · Wales

Notified 06/04/2016

CompanyRankvs 58491+ SIC 62020 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The director feel with his continued support that there are no material uncertainties related to events or conditions that may cast significant doubt about the company's abili

Key FinancialsYear ending 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£95

Working capital

Current Assets

£1k

Current Liabilities

£1k

Fixed Assets

£4k

Debtors

£1k

1avg. employees

Tax at Year End

Corp tax£2

Director Loans

Company owes directors£6k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£4k
Signed by Mr Joe Williams 10/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.07+£17k
2024—+£8k
20231.00—

Derived from filed accounts. Not audited figures.