Banks Wealth Management Limited
07509349
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/12/2024
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 56
Also on 14 other boards
Persons with Significant Control
Former PSCs
Mr Stephen Francis Danson
Ceased 28/01/2021
Mrs Cheryl Josephine Danson
Ceased 28/01/2021
The Personal Finance Academy Ltd
Ceased 30/04/2023
Afh Wm Holdings Limited
Ceased 07/09/2023
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 102298+ SIC 82990 peers33
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera
Key FinancialsYear ending 31/10/2024
Net Worth
£101
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£147k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
—
Cost of Sales
£73k
Admin Expenses
£77k
Profit After Tax
-£147k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 3.05 | -£3k |
| 2021 | 5.24 | -£6k |
| 2020 | 1.99 | +£67k |
| 2019 | 2.82 | — |
Derived from filed accounts. Not audited figures.