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W Babbs Limited

10403969

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

43 ALBEMARLE GARDENS, ILFORD, IG2 6DL
Incorporated 30/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Wayne Martin Babb

director · Since 30/09/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Wayne Martin Babb

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

British · United Kingdom · Age 61

43, Albemarle Gardens, Ilford, IG2 6DL

Notified 30/09/2016

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 08/05/2017Registered 12/05/2017
Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 08/05/2017Registered 12/05/2017

CompanyRankvs 189305+ SIC 68209 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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.

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 30/09/2024

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£142k

Working capital

Current Assets

£14k

Current Liabilities

£156k

Fixed Assets

£532k

1avg. employees

Balance Sheet

Assets less current liabilities£390k
Signed by Mr Wayne Babb 10/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£6k
20230.09-£14k
20220.06-£12k
20210.06+£4k
20200.08-£4k
20190.05+£3k
20189.00

Derived from filed accounts. Not audited figures.