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A B Wells Projects Ltd

11300477

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

31 BROADWAY, LINCOLN, LN6 8DP
Incorporated 10/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
68100
Buying and selling of own real estate

Officers

Mr Anthony Wells

director · Since 10/04/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mrs Rebecca Wells

director · Since 10/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Mrs Diana Merritt

director · Since 01/12/2022

SALES EXECUTIVE AND LANDLORD

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Anthony Wells

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

31, Broadway, Lincoln, LN6 8DP

Notified 10/04/2018

Mrs Rebecca Wells

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

31, Broadway, Lincoln, LN6 8DP

Notified 10/04/2018

Charges1 outstanding

Charge
outstanding

TRUSTEES OF THE LERAKOMA SSAS

Created 04/04/2022Registered 06/04/2022

CompanyRankvs 33016+ SIC 43390 peers
16

Financial strength7th percentile among SIC peers · 2/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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33016A B Wells Projects Ltd
36
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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.

Longevity8/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/04/2025

Net Worth

-£18k

Balance sheet strength

Cash

£9

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£171

Current Liabilities

£18k

Debtors

£162

2avg. employees

Tax at Year End(2022)

Corp tax£974
Dividends paid£4k
Signed by Mr A Wells,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£1k
20240.05—
20231.94—
20221.18—
20210.65—

Derived from filed accounts. Not audited figures.