Wessex Spectacle Company Ltd
10861496
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ian Jeremy Baines
British · England · Age 79
Fortune's Fold, Long Street, Sherborne, DT9 3DE
Notified 19/04/2018
Former PSCs
Mr Peter Valaitis
Ceased 31/08/2017
Mr John Derek Waltham
Ceased 08/08/2023
CompanyRankvs 14954+ SIC 96090 peers71
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£59k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£48k
Current Liabilities
£7k
Fixed Assets
£22k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.38 | -£25k |
| 2024 | 8.63 | +£45k |
| 2023 | 36.79 | — |
Derived from filed accounts. Not audited figures.