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We Cad It Ltd

10980590

active
Private Limited Company
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

61 GOLDSMITH ROAD, LONDON, E17 6AN
Incorporated 25/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Ms Tayyaba Rani

director · Since 01/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Mohammed Imran Sahall

75–100% shares

British · United Kingdom · Age 44

61, Goldsmith Road, London, E17 6AN

Notified 25/09/2017

CompanyRankvs 5907+ SIC 71129 peers
67

Financial strength52th percentile among SIC peers · 13/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.73× · 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 strength13/25 pts

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

Employees10/15 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

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£33k

Current Liabilities

£7k

Fixed Assets

£718

2avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.73-£3k
20236.12+£4k
20226.38-£11k
20218.79+£2k
202079.65+£2k
201913.51

Derived from filed accounts. Not audited figures.