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Wetrade Limited

07805090

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

5 RED HOUSE LANE, BRISTOL, BS9 3RY
Incorporated 11/10/2011

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

14131
Manufacture of men's outerwear
46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mr David Gordon Scott

director · Since 11/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Gordon Leslie Scott Ma

director · Since 11/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Scott Hats Limited

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

5, Red House Lane, Bristol, BS9 3RY

Reg: 16049480 · Companies House · Limited Company

Notified 07/01/2025

Former PSCs

Mr David Gordon Scott

Ceased 07/01/2025

Dr Alice Nani Scott

Ceased 07/01/2025

Charges5 outstanding

Charge
outstanding

BORGES & SCOTT LIMITED

Created 10/07/2025Registered 22/07/2025
Charge
outstanding

SCOTT HATS LIMITED

Created 10/07/2025Registered 22/07/2025
Charge
outstanding

DAVID GORDON SCOTT

Created 19/04/2021Registered 29/04/2021
Charge
outstanding

ALICE NANI SCOTT

Created 19/04/2021Registered 28/04/2021
Charge
outstanding

GORDON LESLIE SCOTT

Created 11/08/2015Registered 21/08/2015

CompanyRankvs 21+ SIC 14131 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.58× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£446k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£683k

Working capital

Current Assets

£1.1M

Current Liabilities

£433k

Fixed Assets

£8k

Debtors

£168k

9avg. employees

Tax at Year End(2023)

Corp tax£56k
VAT£25k

Director Loans(2023)

Company owes directors£303k

Balance Sheet

Assets less current liabilities£691k
Signed by David Scott 1 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.58+£19k
20232.52+£63k£491k
20222.55+£104k
20212.10+£57k
20201.95+£50k
20192.67+£301k
2018-2.82

Derived from filed accounts. Not audited figures.