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Wiredscore Uk Limited

09626806

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

4 OLD STREET YARD, LONDON, EC1Y 8AF
Incorporated 06/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr William Peter Newton

director · Since 01/10/2015

PROPERTY TECHNOLOGY

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Wiredscore Emea Limited

75–100% shares
75–100% votes
Appoint directors

4, Old Street Yard, London, EC1Y 8AF

Reg: 10306196 · Companies House · Private Limited Company

Notified 06/04/2016

CompanyRankvs 72396+ SIC 62020 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£8.5M

Annual revenue

Net Worth

-£7.0M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

-£42k

Bottom line earnings

Net Current Assets

-£6.9M

Working capital

Current Assets

£8.4M

Current Liabilities

£15.3M

Fixed Assets

£100k

Debtors

£78k

Cost of Sales

£583k

Gross Profit

£7.9M

Admin Expenses

£8.2M

Operating Profit

-£42k

Profit After Tax

£59k

51avg. employees-23

Tax at Year End(2019)

Corp tax£0

Director Loans(2021)

Directors owe company£78

People Costs

Wages & salaries£4.1M
NI contributions£489k

Balance Sheet

Assets less current liabilities-£6.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£374k
20230.52-£2.7M
20220.68-£4.7M
2021-£917k
2020-£38k

Derived from filed accounts. Not audited figures.