Back to search

Wesolve It Solutions Ltd

10446905

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

3RD FLOOR 86-90, LONDON, EC2A 4NE
Incorporated 26/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Shivakumar Gurubasappa

director · Since 26/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mrs Lasya Basavarajappa

director · Since 18/11/2016

DIRECTOR

ENGLISH · ENGLAND · Age 42

Persons with Significant Control

Mr Shivakumar Gurubasappa

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

British · England · Age 45

3rd Floor 86-90, Paul Street, London, EC2A 4NE

Notified 26/10/2016

CompanyRankvs 6763+ SIC 62020 peers
80

Financial strength96th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 8.49× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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

£362k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£298k

Working capital

Current Assets

£337k

Current Liabilities

£40k

Fixed Assets

£64k

2avg. employees

Balance Sheet

Assets less current liabilities£362k
Signed by Shivakumar Gurubasappa Date of approval: 31/07/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20248.49+£9k
20237.75+£85k
20225.77+£97k
20215.09

Derived from filed accounts. Not audited figures.