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Wellgate Convenience Stores Ltd

09220366

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

224 WELLGATE, ROTHERHAM, S60 2PD
Incorporated 16/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Imran Akram

director · Since 16/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Imran Akram

Significant control

British · United Kingdom · Age 42

224, Wellgate, Rotherham, S60 2PD

Notified 06/04/2016

CompanyRankvs 4745+ SIC 56290 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£58k

Balance sheet strength

Cash

£840

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£19k

Current Liabilities

£75k

Fixed Assets

£16k

2avg. employees

Balance Sheet

Assets less current liabilities£39k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26+£26k
20230.41

Derived from filed accounts. Not audited figures.