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Wax Centre Distribution Ltd

09598785

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

ELMS HOUSE 2ND FLOOR ROOM 7C, ELMS INDUSTRIAL ESTATE, CHURCH ROAD,, ROMFORD, RM3 0JU
Incorporated 19/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47750
Retail sale of cosmetic and toilet articles in specialised stores

Officers

Mr Dragos Neculai

director · Since 31/05/2017

MANAGING DIRECTOR

ROMANIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Dragos Niculai

25–50% shares
25–50% votes
Appoint directors

Romanian · England · Age 47

Elms House 2nd Floor Room 7c,, Elms Industrial Estate, Church Road,, Romford, RM3 0JU

Notified 18/05/2017

Mr Dragos Neculai

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

Romanian · England · Age 47

Elms House 2nd Floor Room 7c,, Elms Industrial Estate, Church Road,, Romford, RM3 0JU

Notified 18/05/2017

Former PSCs

Mr George Daniel Tuican

Ceased 07/05/2021

Mr Doru Mihai Morosan

Ceased 07/05/2021

CompanyRankvs 2410+ SIC 47750 peers
47

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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2410Wax Centre Distribution Ltd
43
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

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 31/05/2025

Net Worth

-£85k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£236k

Current Liabilities

£310k

Fixed Assets

£17k

5avg. employees+2

Tax at Year End(2023)

VAT£15k

Director Loans(2023)

Company owes directors£8k

Balance Sheet

Assets less current liabilities-£56k
Signed by 4 WAX CENTRE DISTRIBUTION LTDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.76+£54k—
20240.97-£15k—
20231.33—£298k

Derived from filed accounts. Not audited figures.