Workpad Covent Garden 2 Limited
10321285
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/08/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 46 other boards
Persons with Significant Control
Workpad Group Limited
Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ
Reg: 07886983 · England · Private Limited Company
Notified 09/08/2016
Workpad London Limited
Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ
Reg: 13703103 · England · Private Limited Company
Notified 29/09/2022
Former PSCs
Mr Graham Michael Cowan
Ceased 09/08/2016
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 94338+ SIC 96090 peers34
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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.
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
-£44k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£25k
Current Liabilities
£28k
Fixed Assets
£56
Debtors
£24k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.91 | -£18k |
| 2023 | 1.44 | -£40k |
| 2022 | 1.14 | +£32k |
| 2021 | 0.86 | — |
Derived from filed accounts. Not audited figures.