Generation Wealth Ltd
09456850
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/02/2015
CHARTERED FINANCIAL PLANNER
BRITISH · UNITED KINGDOM · Age 45
Also on 2 other boards
Persons with Significant Control
Generation Wealth Holdings Ltd
Abacus House, 129 North Hill, Plymouth, PL4 8JY
Reg: 13175923 · Companies House Uk · Limited Company
Notified 01/03/2021
Former PSCs
Mr Michael John Rice
Ceased 01/03/2021
Mrs Sarah Leanne Ross
Ceased 01/03/2021
Charges1 outstanding
MICHAEL JOHN RICE
CompanyRankvs 1486+ SIC 64999 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
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
£150k
Balance sheet strength
Cash
£133k
Cash in the bank
Net Current Assets
£149k
Working capital
Current Assets
£195k
Current Liabilities
£46k
Fixed Assets
£2k
Debtors
£62k
Profit After Tax
£109k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.21 | +£9k |
| 2024 | 3.61 | +£52k |
| 2023 | 4.20 | -£9k |
| 2022 | 5.62 | +£84k |
| 2021 | 4.00 | — |
Derived from filed accounts. Not audited figures.