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Wglg Ltd

10918651

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

26 NEW ROAD, SHEFFORD, SG17 5JH
Incorporated 16/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Linsey Garnett

secretary · Since 16/08/2017

Also on 1 other board

Linsey Garnett

director · Since 16/08/2017

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Wayne Alexander Garnett

director · Since 16/08/2017

ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Linsey Garnett

25–50% shares
25–50% votes

British · United Kingdom · Age 43

3 Tedder Avenue, Henlow, SG16 6HL

Notified 16/08/2017

Wayne Alexander Garnett

25–50% shares
25–50% votes

British · United Kingdom · Age 46

3 Tedder Avenue, Henlow, SG16 6HL

Notified 16/08/2017

CompanyRankvs 10769+ SIC 71129 peers
55

Financial strength59th percentile among SIC peers · 15/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 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 31/08/2025

Net Worth

£11k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£23k

Current Liabilities

£17k

Fixed Assets

£7k

1avg. employees

Tax at Year End

Corp tax£11k
VAT£5k

Director Loans

Company owes directors£36
Directors owe company£2k

Balance Sheet

Assets less current liabilities£13k
Signed by Mr Wayne Garnett 06/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20251.36£100k
20240.62£78k
20230.75£112k

Derived from filed accounts. Not audited figures.