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Wam Clothing Ltd

08564209

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

26A THE MALL, BURY, BL9 0QQ
Incorporated 11/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mrs Lorraine Yvonne Duncan

director · Since 11/06/2013

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Persons with Significant Control

Mrs Lorraine Yvonne Duncan

25–50% shares
50–75% votes

British · United Kingdom · Age 61

26a, The Mall, Bury, BL9 0QQ

Notified 06/04/2016

Former PSCs

Mrs Wendy Muldowney

Ceased 22/05/2020

CompanyRankvs 9247+ SIC 47710 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity13 years trading (max 15) · 13/15
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.

Employees10/15 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.

Longevity13/15 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 30/06/2024

Net Worth

-£105k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£20k

Current Liabilities

£93k

Fixed Assets

£151

2avg. employees-1

Balance Sheet

Assets less current liabilities-£69k
Signed by 1.7.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21-£30k
20230.26

Derived from filed accounts. Not audited figures.