Wallace Heating Ltd
07792674
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/09/2011
OFFICE MANAGER
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Mr Marc Phillipe Wallace
British · United Kingdom · Age 51
11, The Paddock, Gerrards Cross, SL9 0JH
Notified 06/04/2016
CompanyRankvs 2797+ SIC 43220 peers79
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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 31/03/2026
Net Worth
£53k
Balance sheet strength
Cash
£48k
Cash in the bank
Net Current Assets
£51k
Working capital
Current Assets
£59k
Current Liabilities
£8k
Fixed Assets
£2k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 7.68 | -£554 |
| 2025 | 5.32 | +£9k |
| 2024 | 5.73 | -£5k |
| 2023 | 8.02 | -£13k |
| 2022 | 7.16 | -£786 |
| 2021 | 4.78 | — |
Derived from filed accounts. Not audited figures.