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Westerly Ltd

07840491

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 QUEENS ROAD, ABERYSTWYTH, SY23 2HH
Incorporated 09/11/2011

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Thomas Bignell

director · Since 22/02/2023

RETIRED

BRITISH · ENGLAND · Age 81

Persons with Significant Control

Mr Thomas Bignell

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

British · England · Age 81

5, Queens Road, Aberystwyth, SY23 2HH

Notified 22/02/2023

Former PSCs

Mr Robert Darren Dare

Ceased 31/10/2025

CompanyRankvs 7603+ SIC 68201 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£35k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£15k

Current Liabilities

£50k

Debtors

£415

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£29k
20240.05-£2k
20230.06-£15k
2022-£10k
2021+£357
20200.04-£3k
20190.18

Derived from filed accounts. Not audited figures.