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Wet Global Limited

09754412

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNITS 3 & 4 WEDGNOCK INDUSTRIAL ESTATE, WARWICK, CV34 5PZ
Incorporated 28/08/2015

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/08/2025

Due 10/09/2026

On track

Industry

50400
Inland freight water transport

Officers

Michael Daniel Adams

director · Since 28/08/2015

British

Darren Michael Bradley

director · Since 21/07/2017

British

Ahmed Abbas Mohamed

director · Since 01/09/2024

British

Former

Peter Pottier

director · Resigned 23/10/2018

CompanyRankvs 920+ SIC 50400 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength0/25 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.

Liquidity2/20 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 31/03/2025

Net Worth

-£1.4M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£577k

Current Liabilities

£2.0M

Fixed Assets

£24k

Debtors

£575k

3avg. employees

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.29

Derived from filed accounts. Not audited figures.