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Wornfree Limited

08700317

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

255 GREEN LANES, LONDON, N13 4XE
Incorporated 20/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
82990
Other business support service activities

Officers

Peter Alan Coe

director · Since 20/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Sequence Nine Ltd

25–50% shares

10, Market Street #738, Grand Cayman

Reg: Cr 310384 · Cayman Islands · Limited Company

Notified 02/10/2023

Former PSCs

Justin James Feltham

Ceased 31/12/2016

Peter Alan Coe

Ceased 03/10/2023

Vuyiswa Lomazwe Coe

Ceased 02/11/2018

Steven Coe

Ceased 03/10/2023

CompanyRankvs 40912+ SIC 47910 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.19× · 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 strength0/25 pts

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

Employees14/15 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 28/09/2024

Net Worth

-£184k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£11k

Current Liabilities

£55k

Fixed Assets

£5k

Debtors

£5k

3avg. employees

Tax at Year End(2023)

Corp tax£6k

Director Loans(2022)

Directors owe company£24k

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities-£40k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19+£0
20240.19-£124k
20230.18-£43k
20221.10-£315
20210.96

Derived from filed accounts. Not audited figures.