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Paperwaits Limited

08816925

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CAVENDISH HOUSE, BIRMINGHAM, B2 5PP
Incorporated 16/12/2013

Compliance

Last accounts

31/01/2022

total exemption full

Accounts

Up to date

Confirmation statement

Last: 16/12/2022

Due

On track

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr John Graham Waits

director · Since 16/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Persons with Significant Control

Mr John Graham Waits

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 63

141 Monmouth Drive, Sutton Coldfield, B73 6JN

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation16/11/2023

Conrad Alan Beighton (practitioner) · David Craig Griffiths (practitioner) · Kirsty Swan (practitioner)

CompanyRankvs 15+ SIC 47620 peers
38

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2022

Net Worth

£58

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£151k

Working capital

Current Assets

£265k

Current Liabilities

£114k

Fixed Assets

£5k

Debtors

£34k

17avg. employees

Tax at Year End

Corp tax£27k

Balance Sheet

Bank loans & overdrafts£38k
Assets less current liabilities£156k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20222.33
20211.33

Derived from filed accounts. Not audited figures.