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Wolverhampton 1018 Ltd

10444346

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

499 STAFFORD ROAD, WOLVERHAMPTON, WV10 6RR
Incorporated 25/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Huayu Lin

director · Since 01/07/2021

DIRECTOR

CHINESE · UNITED KINGDOM · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Kin Bong Lam

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

British · England · Age 64

98 Bristol Road, Birmingham, B5 7XH

Notified 25/10/2016

CompanyRankvs 17636+ SIC 56101 peers
47

Financial strength7th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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17636Wolverhampton 1018 Ltd
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How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/10/2024

Net Worth

-£125k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£130k

Current Liabilities

£226k

Debtors

£94k

33avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57+£10k
20230.59—

Derived from filed accounts. Not audited figures.