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Web Accounting Solutions Ltd

10928696

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

144-146 KING'S CROSS ROAD, LONDON, WC1X 9DU
Incorporated 23/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Vinesh Patel

director · Since 23/08/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 10 other boards

Persons with Significant Control

Mr Vinesh Patel

Significant control

British · United Kingdom · Age 71

144-146, King's Cross Road, London, WC1X 9DU

Notified 23/08/2017

CompanyRankvs 25675+ SIC 62012 peers
51

Financial strength86th percentile among SIC peers · 22/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
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 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.

Liquidity2/20 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

£92k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£97

Current Liabilities

£85k

Fixed Assets

£177k

0avg. employees

Balance Sheet

Assets less current liabilities£92k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£14k
20230.04+£16k
20220.01+£18k
20210.06+£18k
20200.03+£19k
20190.09+£10k
20180.05

Derived from filed accounts. Not audited figures.