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Willstec Ltd

08720011

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT G9 ENTERPRISE PARK WIGWAM LANE, NOTTINGHAM, NG15 7SZ
Incorporated 07/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr David Williams

director · Since 30/01/2014

MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mr Liam Hopkins

director · Since 21/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 28

Persons with Significant Control

Mr David Williams

75–100% shares
75–100% votes

British · United Kingdom · Age 56

Unit G9 Enterprise Park, Wigwam Lane, Nottingham, NG15 7SZ

Notified 30/06/2016

Charges1 outstanding

Charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 03/02/2022Registered 11/02/2022

CompanyRankvs 10569+ SIC 71129 peers
50

Financial strength46th percentile among SIC peers · 12/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 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.

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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£90k

Current Liabilities

£104k

Fixed Assets

£17k

7avg. employees+1

Balance Sheet

Assets less current liabilities£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86-£11k
20241.11-£13k
20231.44+£0
20231.44-£20k
20221.60-£210
20212.29

Derived from filed accounts. Not audited figures.