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Wix Trading Ltd

10516786

active
ltd
england wales
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)
  • Negative net worth (-10)

Details

70 Lyndhurst Road, Burnley, BB10 4DX
Incorporated 08/12/2016

Previously known as

Wixbargain Ltd · until 30/03/2019

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/06/2026

Due 22/06/2027

On track

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 64

Also on 17 other boards

Altaf Patel

director · Since 08/12/2016

British · United Kingdom · Age 64

Persons with Significant Control

Mr Altaf Patel

75–100% shares
Appoint directors

British · United Kingdom · Age 64

114, Eccles Old Road, Manchester, M6 8QQ

Notified 08/12/2016

Change History

statusactive
2026-07-12

Active

typeltd
2026-07-12

Private Limited Company

address line170 Lyndhurst Road
2026-07-12

70 LYNDHURST ROAD

post townBurnley
2026-07-12

BURNLEY

CompanyRankvs 18018+ SIC 47110 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees32th 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

Derived from filed accounts. Not audited figures.