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Wgl Midco Limited

10808409

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

IMPERIAL HOUSE, HULL, HU9 5NA
Incorporated 07/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Peter Munk

director · Since 14/06/2017

C.E.O

DANISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Mrs Lindsay Edet

director · Since 01/01/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Persons with Significant Control

Wgl Holdco Limited

Significant control

One New Ludgate, 60 Ludgate Hill, London, EC4M 7AW

Reg: 10808314 · England · Private Company

Notified 07/06/2017

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC AS SECURITY AGENT FOR ITSELF AND EACH OF THE SECURED PARTIES.

Created 17/04/2024Registered 18/04/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 20/12/2022Registered 21/12/2022
Charge
satisfied

LLOYDS BANK PLC (IN ITS CAPACITY AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 15/06/2017Registered 22/06/2017Satisfied 17/03/2023

CompanyRankvs 10843+ SIC 64209 peers
41

Financial strength86th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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10843Wgl Midco Limited
61
How is this score calculated?
Financial strength22/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going c

Key FinancialsYear ending 28/09/2024

Net Worth

£944k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£79.2M

Current Liabilities

£79.2M

Fixed Assets

£944k

Debtors

£79.2M

0avg. employees

Tax at Year End

Dividends paid-£30.3M

Balance Sheet

Assets less current liabilities£944k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00+£0
20231.00+£2k
20221.00—

Derived from filed accounts. Not audited figures.