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Working Free Limited

08963376

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

37 TATHALL END, MILTON KEYNES, MK19 7NF
Incorporated 27/03/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

70229
Management consultancy activities

Officers

Charles Russam

secretary · Since 27/03/2014

Mr Charles Michael Russam Fca

director · Since 27/03/2014

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 81

Also on 7 other boards

Persons with Significant Control

Devonshire House Network Ltd

75–100% shares

45, Pall Mall, London, SW1Y 5JG

Reg: 08477779 · Companies House · Limited Company

Notified 06/04/2016

CompanyRankvs 160258+ SIC 70229 peers
22

Financial strength3th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity12/15 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/03/2025

Net Worth

-£45k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£4k

Current Liabilities

£49k

Debtors

£3k

0avg. employees
Signed by Mr C Russam,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08-£13k
20240.37-£17k
20230.33-£13k
20222.13-£5k
202118.00-£6k
20200.18-£718
20191.67

Derived from filed accounts. Not audited figures.