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Witches Lab Limited

09304161

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)
  • Current liabilities exceed current assets (-10)

Details

3 LEONARDS CLOSE, WELWYN, AL6 0QJ
Incorporated 10/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Miss Gemma Wright

director · Since 10/11/2014

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Miss Gemma Wright

75–100% shares

British · England · Age 35

3, Leonards Close, Welwyn, AL6 0QJ

Notified 06/04/2016

CompanyRankvs 22251+ SIC 47990 peers
38

Financial strength6th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.53× · 6/20
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 strength2/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

-£31k

Balance sheet strength

Cash

£444

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£36k

Current Liabilities

£68k

Fixed Assets

£2k

Debtors

£31k

0avg. employees

Balance Sheet

Assets less current liabilities-£30k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53+£0
20250.53-£34k
20240.96-£45k
20233.24

Derived from filed accounts. Not audited figures.