Cwg Markets Ltd
08888720
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
29/02/2024
full
Next accounts due
28/02/2026
Confirmation statement
Last: 17/06/2026
Due 01/07/2027
Industry
Officers
Persons with Significant Control
Miss Yan Wang
Chinese · United Kingdom · Age 38
3rd Floor, 76 Cannon Street, London, EC4N 6AE
Notified 31/01/2017
CompanyRankvs 2799+ SIC 64999 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to Note 1. 2 to the financial statements concerning the c ompany's ability to continue as a going concern. As stated in the note, the company is dependent on the shareholder inje
Key FinancialsYear ending 29/02/2024
Net Worth
£2.9M
Balance sheet strength
Cash
£114k
Cash in the bank
Profit Before Tax
£60k
Bottom line earnings
Net Current Assets
£690k
Working capital
Current Assets
£3.8M
Current Liabilities
£3.1M
Fixed Assets
£57k
Debtors
£95k
Cost of Sales
£261k
Admin Expenses
£788k
Profit After Tax
£60k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | +£80k |
| 2023 | 2.68 | +£78k |
| 2022 | 3.56 | +£818k |
| 2021 | 2.37 | — |
Derived from filed accounts. Not audited figures.