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Westgate Software Ltd

10764597

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

C/O BURTON VARLEY LTD SUITE 3, 2ND FLOOR, DIDSBURY HOUSE, MANCHESTER, M20 2DW
Incorporated 11/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Samuel Jeffrey Levy

director · Since 11/05/2017

CLAIMS CONSULTANT

BRITISH · ENGLAND · Age 41

Also on 10 other boards

Persons with Significant Control

Mr Samuel Levy

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

British · England · Age 41

C/O Burton Varley Ltd, Suite 3, 2nd Floor, Didsbury House, Manchester, M20 2DW

Notified 11/05/2017

CompanyRankvs 9052+ SIC 64999 peers
59

Financial strength67th percentile among SIC peers · 17/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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9052Westgate Software Ltd
59
How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/05/2021

Net Worth

£30k

Balance sheet strength

Cash

£470

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£399k

Current Liabilities

£320k

Fixed Assets

£177

Debtors

£399k

1avg. employees

Balance Sheet

Assets less current liabilities£80k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20211.25+£24k
20200.88—

Derived from filed accounts. Not audited figures.