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Workpad Covent Garden Limited

07886981

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)
  • Current liabilities exceed current assets (-10)

Details

17 ST. ANNE'S COURT, LONDON, W1F 0BQ
Incorporated 20/12/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr James Alexander Barnett

director · Since 20/12/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 46 other boards

Mr Jonathan Ezra Masri

director · Since 09/07/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 42 other boards

Persons with Significant Control

Workpad London Limited

75–100% shares
75–100% votes

Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ

Reg: 13703103 · England · Private Limited Company

Notified 29/09/2022

Former PSCs

Workpad Group Limited

Ceased 29/09/2022

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/08/2017Registered 11/08/2017Satisfied 03/06/2020

CompanyRankvs 130830+ SIC 82990 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.51× · 6/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£125k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£105k

Working capital

Current Assets

£110k

Current Liabilities

£216k

Fixed Assets

£22k

Debtors

£97k

0avg. employees-2

Tax at Year End(2021)

Corp tax£1k

Balance Sheet

Assets less current liabilities-£83k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51+£3k
20230.42-£130k
20220.98
20211.00

Derived from filed accounts. Not audited figures.