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Half Cut Wines Limited

09924003

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)

Details

VICTORIA HOUSE, ALNWICK, NE66 1TA
Incorporated 21/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342

Officers

Mr Ronald George Watson

director · Since 21/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Persons with Significant Control

Mr Ronald George Watson

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

British · England · Age 71

The Castle Hotel, 7 Front Street, Bamburgh, NE68 7BW

Notified 06/04/2016

Former PSCs

Mr Alex George Thompson Watson

Ceased 27/11/2016

CompanyRankvs 3032+ SIC 46342 peers
42

Financial strength26th percentile among SIC peers · 7/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.71× · 6/20
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 strength7/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£8k

Current Liabilities

£11k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£340
20230.73-£226
20220.75-£322
20210.77

Derived from filed accounts. Not audited figures.