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Wix Trading Ltd

10516786

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

70 LYNDHURST ROAD, BURNLEY, BB10 4DX
Incorporated 08/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Altaf Patel

director · Since 08/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 17 other boards

Persons with Significant Control

Mr Altaf Patel

75–100% shares
Appoint directors

British · United Kingdom · Age 63

114, Eccles Old Road, Manchester, M6 8QQ

Notified 08/12/2016

CompanyRankvs 18064+ SIC 47110 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.29× · 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 strength1/25 pts

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

Employees5/15 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 31/12/2024

Net Worth

-£79k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£32k

Current Liabilities

£111k

2avg. employees

Balance Sheet

Assets less current liabilities-£79k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£10k
20230.29-£18k
20220.33-£87k
20210.44+£11k
20200.51+£6k
20190.55

Derived from filed accounts. Not audited figures.