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Wilson Cutting And Chamfering Ltd

10920077

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNION SUITE THE UNION BUILDING, NORWICH, NR1 1BY
Incorporated 17/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Mervyn Michael Wilson

director · Since 17/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Mervyn Michael Wilson

75–100% shares
75–100% votes

British · England · Age 66

Union Suite, The Union Building, Norwich, NR1 1BY

Notified 17/08/2017

CompanyRankvs 100497+ SIC 82990 peers
45

Financial strength5th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 78.81× · 20/20
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 strength1/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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 31/08/2024

Net Worth

-£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£27k

Current Liabilities

£339

Fixed Assets

£6k

Balance Sheet

Assets less current liabilities£32k
Signed by Mr Mervyn Wilson 27/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202478.81-£14k
202327.01+£0
202227.01+£0
202127.01-£11k
202020.63-£7k
201933.57-£13k
201825.55

Derived from filed accounts. Not audited figures.