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Wormald Properties Limited

10758002

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Brooks House, 1 Albion Place, Maidstone, ME14 5DY
Incorporated 08/05/2017

Compliance

Last accounts

31/05/2026

total exemption full

Next accounts due

29/02/2028

On track

Confirmation statement

Last: 06/06/2026

Due 20/06/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr William Wormald

director · Since 08/05/2017

MANAGER

BRITISH · UNITED KINGDOM · Age 80

Also on 5 other boards

William Wormald

director · Since 08/05/2017

British · United Kingdom · Age 80

Persons with Significant Control

Mr William Wormald

75–100% shares

British · United Kingdom · Age 80

Brooks House, 1 Albion Place, Maidstone, ME14 5DY

Notified 08/05/2017

Charges1 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 17/07/2019Registered 25/07/2019

Change History

statusactive
2026-07-30

Active

typeltd
2026-07-30

Private Limited Company

address line1Brooks House
2026-07-30

BROOKS HOUSE

post townMaidstone
2026-07-30

MAIDSTONE

officer appointedWORMALD, William
2026-07-30

CompanyRankvs 59225+ SIC 68100 peers
44

Financial strength85th percentile among SIC peers · 21/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

Longevity9/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2026

Net Worth

£114k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£120k

Current Liabilities

£207k

Fixed Assets

£381k

Debtors

£5k

0avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£294k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20260.58+£16k
20250.50+£17k
20240.42+£14k
20230.35

Derived from filed accounts. Not audited figures.