Wgl Bidco Limited
10808465
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2025
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 7 other boards
Persons with Significant Control
Wgl Midco Limited
One New Ludgate, 60 Ludgate Hill, London, EC4M 7AW
Reg: 10808409 · England · Private Company
Notified 07/06/2017
Charges2 outstanding
BARCLAYS BANK PLC AS SECURITY AGENT FOR ITSELF AND EACH OF THE SECURED PARTIES.
BARCLAYS BANK PLC
LLOYDS BANK PLC (IN ITS CAPACITY AS SECURITY AGENT FOR THE BENEFICIARIES)
CompanyRankvs 101820+ SIC 64209 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Turnover
£5.0M
Annual revenue
Net Worth
£3.0M
Balance sheet strength
Cash
£30k
Cash in the bank
Profit Before Tax
-£522k
Bottom line earnings
Net Current Assets
-£63.6M
Working capital
Current Assets
£58.3M
Current Liabilities
£121.9M
Fixed Assets
£66.5M
Debtors
£57.5M
Gross Profit
£5.0M
Admin Expenses
£5.6M
Operating Profit
-£522k
Profit After Tax
-£769k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.48 | -£769k |
| 2023 | 0.48 | +£19.5M |
| 2022 | 0.10 | — |
Derived from filed accounts. Not audited figures.