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Westcor Uk Limited

09788387

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

GROUND FLOOR MARLBOROUGH HOUSE, LONDON, N3 2SZ
Incorporated 22/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Matthew Donald Westmore

director · Since 22/09/2015

BUSINESSMAN

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Matthew Donald Westmore

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

British · England · Age 39

Ground Floor Marlborough House, 298 Regents Park Road, London, N3 2SZ

Notified 04/06/2016

Mr Anthony Francis Phillips

Significant control

British · United Kingdom · Age 73

10, Rowley Close, Pyrford, GU22 8TA

Notified 01/07/2016

CompanyRankvs 2187+ SIC 47770 peers
56

Financial strength2th percentile among SIC peers · 1/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.81× · 20/20
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 strength1/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/09/2024

Turnover

£388k

Annual revenue

Net Worth

-£170k

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

-£127k

Bottom line earnings

Net Current Assets

£70k

Working capital

Current Assets

£85k

Current Liabilities

£15k

Fixed Assets

£867

Debtors

£20

Cost of Sales

£172k

Gross Profit

£216k

Admin Expenses

£343k

Profit After Tax

-£127k

2avg. employees

Tax at Year End(2023)

VAT£8k

Director Loans(2023)

Company owes directors£6k

Balance Sheet

Assets less current liabilities£71k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.81-£127k
20231.53-£19k£162k
20221.79-£17k£137k
20211.41

Derived from filed accounts. Not audited figures.