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Wab Electronics Limited

10208917

active
Private Limited Company
england wales
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

5 DOBROYD STREET, MANCHESTER, M8 5AD
Incorporated 01/06/2016

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/05/2026

Due 14/06/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Wafa Akhtar

director · Since 01/06/2016

BUSINESSWOMAN

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mrs Wafa Akhtar

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

British · England · Age 36

5, Dobroyd Street, Manchester, M8 5AD

Notified 01/06/2016

CompanyRankvs 17286+ SIC 47910 peers
61

Financial strength15th percentile among SIC peers · 4/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity10/15 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 30/06/2024

Net Worth

-£5k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£46k

Current Liabilities

£16k

2avg. employees

Balance Sheet

Bank loans & overdrafts£35k
Assets less current liabilities£30k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.92+£385
20232.97-£11k
20223.55+£4k
20212.60+£345
20202.13-£2k
20191.03

Derived from filed accounts. Not audited figures.