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Wechange (Global) Limited

08013919

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O THE RGH ENTREPRENEUR-SHIP 2ND FLOOR, LONDON, EC3R 7NB
Incorporated 30/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Conrad Simon Swailes

director · Since 02/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Rgh Digital Ltd

75–100% shares

C/O The Rgh Entrepreneur-Ship, 3 Hart Street, London, EC3R 7NB

Reg: 13213906 · England · Limited Company

Notified 01/08/2023

Former PSCs

Mrs Dawn Hanlon

Ceased 05/09/2019

Mrs Laura Jane Madgwick

Ceased 05/09/2019

Mr Justin Laurence Madgwick

Ceased 01/01/2020

Mr Colin Anthony Burton

Ceased 05/02/2021

Mr Gurjeet Bhogal

Ceased 01/08/2023

CompanyRankvs 95670+ SIC 62020 peers
22

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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95670Wechange (Global) Limited
32
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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/01/2025

Net Worth

-£84k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£84k

0avg. employees-1

Tax at Year End(2018)

VAT£2k
Signed by Mr C Swailes,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025—-£168k—
2024Infinity+£18k—
20231.88+£107k—
20221.88-£12k—
20211.51——
20201.00——
20191.00——
20181.00—£39k

Derived from filed accounts. Not audited figures.