Wecollect (London) Limited
09684132
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/11/2025
Due 28/11/2026
Industry
Officers
director · Since 18/08/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 1 other board
director · Since 19/02/2026
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
Persons with Significant Control
Sheen Charm Chiu
Chinese · Hong Kong · Age 79
19, Gough Hill Road, Hong Kong
Notified 06/04/2016
CompanyRankvs 4960+ SIC 64999 peers61
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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
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 directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£776k
Balance sheet strength
Cash
£480k
Cash in the bank
Profit Before Tax
-£39k
Bottom line earnings
Net Current Assets
£349k
Working capital
Current Assets
£501k
Current Liabilities
£153k
Debtors
£22k
Admin Expenses
£53k
Profit After Tax
-£39k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.29 | +£0 |
| 2023 | 4.47 | +£100k |
| 2022 | 1.62 | +£350k |
| 2021 | 1.37 | +£0 |
| 2020 | 1.87 | — |
Derived from filed accounts. Not audited figures.