Westgold Holdings Limited
10250924
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/09/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 2 other boards
director · Since 28/09/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 2 other boards
Persons with Significant Control
Mrs Nita Patel
British · England · Age 61
Catalyst House, Centennial Court, Elstree, Hertfordshire, WD6 3SY
Notified 05/03/2025
Former PSCs
Mr Jaymin Patel
Ceased 05/03/2025
Mr Rudesh Dinubhai Patel
Ceased 02/11/2020
Mr Dilip Dinubhai Patel
Ceased 02/11/2020
Charges4 outstanding
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CompanyRankvs 149501+ SIC 68100 peers20
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2023
Net Worth
-£1.4M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£1.2M
Current Liabilities
£2.6M
Fixed Assets
£4k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.46 | -£35k |
| 2022 | 0.53 | -£674k |
| 2021 | 0.20 | -£91k |
| 2020 | 0.21 | -£102k |
| 2019 | 0.00 | -£191k |
| 2018 | 0.01 | — |
Derived from filed accounts. Not audited figures.