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Welocum Recruitment Ltd

10956171

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

114-116 GOODMAYES ROAD, ILFORD, IG3 9UZ
Incorporated 11/09/2017

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

26/06/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Dipesh Patel

director · Since 11/09/2017

DICRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 4 other boards

Mr Sridhar Kumar Medishetty

director · Since 01/09/2019

NON EXEC-DIRECTORS

IRISH · IRELAND · Age 49

Persons with Significant Control

Mr Dipesh Patel

25–50% shares

British · United Kingdom · Age 39

114-116 Goodmayes Road, Ilford, IG3 9UZ

Notified 11/09/2017

Former PSCs

Fpi Asset Management Limited

Ceased 01/05/2019

Mr Francesco Paolo Iacovelli

Ceased 29/09/2021

CompanyRankvs 13428+ SIC 62012 peers
66

Financial strength45th percentile among SIC peers · 11/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 9.1× · 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 strength11/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

£130

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£85k

Current Liabilities

£9k

Debtors

£54k

2avg. employees-1

Tax at Year End(2018)

Corp tax£10k

Balance Sheet

Assets less current liabilities£76k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20249.10
20239.10
20229.51
202118.24
202024.14
201912.91
20183.70

Derived from filed accounts. Not audited figures.