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Wellspring Finance Company Limited

10234464

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)
  • Loss before tax (-10)

Details

C/O FORESIGHT GROUP LLP THE SHARD, LONDON, SE1 9SG
Incorporated 16/06/2016

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Amit Rishi Jaysukh Thakrar

director · Since 20/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 22 other boards

Persons with Significant Control

Foresight Group Holdings (Uk) Limited

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

C/O Foresight Group Llp, 32 London Bridge Street, London, SE1 9SG

Reg: 10452886 · Register Of Companies For England And Wales · Private Company Limited By Shares

Notified 20/06/2023

Former PSCs

Apollo (Hub Investment) Limited

Ceased 20/06/2023

Morgan Sindall Investments Limited

Ceased 20/06/2023

Charges0 outstanding

Charge
satisfied

GCP ASSET BACKED INCOME (UK) LIMITED

Created 01/05/2019Registered 13/05/2019Satisfied 22/06/2023

CompanyRankvs 115335+ SIC 82990 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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115335Wellspring Finance Company Limited
39
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.

Employees13/15 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.

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 31/12/2022

Turnover

£339k

Annual revenue

Net Worth

—

Balance sheet strength

Cash

£10k

Cash in the bank

Profit Before Tax

-£152k

Bottom line earnings

Net Current Assets

-£439k

Working capital

Current Assets

£99k

Current Liabilities

£538k

Debtors

£89k

Cost of Sales

£310k

Gross Profit

£29k

Admin Expenses

£181k

Profit After Tax

-£167k

4avg. employees

Balance Sheet

Assets less current liabilities-£439k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20220.18

Derived from filed accounts. Not audited figures.