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Wm Engineering Ltd

09551947

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

PRS HOUSE, 36 GLEBE ROAD, LONDON, N3 2AX
Incorporated 20/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Weqas Majid

director · Since 20/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Weqas Majid

75–100% shares

British · England · Age 54

Prs House, 36, Glebe Road, London, N3 2AX

Notified 20/04/2017

CompanyRankvs 20318+ SIC 74909 peers
61

Financial strength50th percentile among SIC peers · 13/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees10/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 30/04/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£12k

Current Liabilities

£9k

Debtors

£12k

2avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Directors owe company£12k

Balance Sheet

Assets less current liabilities£3k
Signed by Mr Weqas Majid 12/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.31+£58
20241.34-£4k
20232.12+£832
20222.25+£1k
20211.96

Derived from filed accounts. Not audited figures.