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Wigen Coffee Ltd

09687019

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

173-175 HIGH STREET, SOUTHEND-ON-SEA, SS1 1LL
Incorporated 15/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Abdul Majid

director · Since 28/03/2017

BUSINESSMAN

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Abdul Majid

75–100% shares
75–100% votes

British · United Kingdom · Age 47

173-175, High Street, Southend-On-Sea, SS1 1LL

Notified 04/02/2021

Former PSCs

Mr Muhammed Hamid Qayyum

Ceased 04/02/2021

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 11/12/2015Registered 15/12/2015

CompanyRankvs 9089+ SIC 56102 peers
46

Financial strength49th percentile among SIC peers · 12/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£247

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£100k

Current Liabilities

£121k

Fixed Assets

£41k

7avg. employees-1

Tax at Year End(2023)

Corp tax£12k
VAT£10k

Director Loans(2023)

Company owes directors£35k
Directors owe company£3k

Balance Sheet

Assets less current liabilities£19k
Signed by Mr Abdul Majid 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.82
20231.09+£3k£197k
20221.03-£7k£186k
20211.10-£46k£115k
20202.33-£6k£329k
20191.80+£12k£413k
20186.21£294k

Derived from filed accounts. Not audited figures.