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Wafer Train Ltd

10486309

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

BRETBY HALL, BURTON-ON-TRENT, DE15 0QQ
Incorporated 18/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Search For The Next Ltd

director · Since 18/11/2016

Also on 1 other board

Andrew Davidson-Hogg

secretary · Since 13/03/2018

Mr Sam Lodh

director · Since 05/01/2024

SOLICITOR

BRITISH · UNITED KINGDOM · Age 67

Also on 8 other boards

Mr David Thomas Summerland

secretary · Since 21/01/2026

Also on 1 other board

Mr David Thomas Summerland

director · Since 21/01/2026

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Former PSCs

Search For The Next Ltd

Ceased 01/08/2022

CompanyRankvs 5031+ SIC 72190 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£37k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£2k

Current Liabilities

£39k

Debtors

£2k

2avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.05
20230.58
20220.80
20210.82
20200.84
20190.86

Derived from filed accounts. Not audited figures.