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Wealthify Limited

09034828

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

TEC MARINA, PENARTH, CF64 1SA
Incorporated 12/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66300
Fund management activities

Officers

Mr. Michael Ashford

director · Since 01/03/2016

SOFTWARE ENGINEER

BRITISH · WALES · Age 39

Mr. Christopher Mark Wood

director · Since 30/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Ms Alessia Maria Emilia Kosagowsky

director · Since 20/10/2022

DIRECTOR

BRITISH,ITALIAN · UNITED KINGDOM · Age 56

Also on 1 other board

Mrs Nathalie Marie Oestmann

director · Since 13/12/2023

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Richard John Ambrose

director · Since 26/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Wealthify Group Limited

75–100% shares

Tec Marina, Terra Nova Way, Penarth, CF64 1SA

Reg: 7853934 · Uk Companies House · Private Limited Company

Notified 09/02/2018

Former PSCs

Mr Richard Byron Theodossiades

Ceased 09/02/2018

CompanyRankvs 150+ SIC 66300 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.47× · 20/20
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 strength24/25 pts

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

Employees15/15 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£4.0M

Balance sheet strength

Cash

£3.8M

Cash in the bank

Profit Before Tax

-£15.4M

Bottom line earnings

Net Current Assets

£5.0M

Working capital

Current Assets

£7.1M

Current Liabilities

£2.0M

Fixed Assets

£142k

Debtors

£8.5M

Cost of Sales

£6.5M

Admin Expenses

£13.2M

Profit After Tax

-£11.2M

143avg. employees+30

Tax at Year End(2020)

Corp tax£0

People Costs

Wages & salaries£7.7M

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.47-£4.1M
20234.11-£15.8M
20221.92+£11.9M
20211.88+£10.0M
20204.36
20199.98
201824.46

Derived from filed accounts. Not audited figures.