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Wand Technology Limited

08608590

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)

Details

UNIT 4, THE COTTAGES DEVA CENTRE, MANCHESTER, M3 7BE
Incorporated 15/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Leonard Horwich

director · Since 28/04/2014

NONE

BRITISH,ISRAELI · ISRAEL · Age 70

Ian Kay

director · Since 28/04/2014

CONSULTANT PRODUCT DEVELOPMENT

BRITISH,ISRAELI · ISRAEL · Age 63

Mr William Douglas Peter Northover

director · Since 12/05/2026

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Leonard Horwich

25–50% shares

British,Israeli · Israel · Age 70

Unit 4, The Cottages, Deva Centre, Manchester, M3 7BE

Notified 15/07/2016

Mr Ian Kay

25–50% shares

British,Israeli · Israel · Age 63

Unit 4, The Cottages, Deva Centre, Manchester, M3 7BE

Notified 15/07/2016

CompanyRankvs 95719+ SIC 62020 peers
33

Financial strength13th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength3/25 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.

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 31/07/2025

Net Worth

-£1k

Balance sheet strength

Cash

£298

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

Current Liabilities

£3k

Fixed Assets

£2k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.32-£4k
2022136.94+£5k
2021-£5k

Derived from filed accounts. Not audited figures.