Wtt Legal Limited
11007521
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/10/2017
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 3 other boards
director · Since 11/10/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 3 other boards
director · Since 16/08/2018
DIRECTOR OF LEGAL SERVICES
AMERICAN · UNITED KINGDOM · Age 72
Also on 1 other board
Persons with Significant Control
Wtt Group Ltd
40, Queen Street, London, EC4R 1DD
Notified 11/10/2017
CompanyRankvs 119659+ SIC 82990 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
-£622k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
-£622k
Working capital
Current Assets
£112k
Current Liabilities
£734k
Debtors
£79k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.15 | +£49k |
| 2023 | 0.05 | -£111k |
| 2022 | 0.02 | -£160k |
| 2021 | 0.04 | -£126k |
| 2020 | 0.08 | -£120k |
| 2019 | 0.05 | — |
| 2018 | 0.03 | — |
Derived from filed accounts. Not audited figures.