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Westnik (Developments) Limited

08983866

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

WRIGHT VIGAR 1 ENGINE HOUSE, GAINSBOROUGH, DN21 2NA
Incorporated 08/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Nikki David West

director · Since 08/04/2014

BUILDER

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Nikki David West

50–75% shares

British · England · Age 50

Wright Vigar 1 Engine House, Marshalls Yard, Gainsborough, DN21 2NA

Notified 06/04/2017

Former PSCs

Miss Hannah Maishman

Ceased 26/03/2018

CompanyRankvs 41071+ SIC 43999 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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41071Westnik (Developments) Limited
30
How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

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

Liquidity0/20 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.

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

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

—

Current Liabilities

£12k

0avg. employees

Balance Sheet

Assets less current liabilities-£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£1k
20240.05-£957
20230.26—

Derived from filed accounts. Not audited figures.