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Wealth Recovery Solicitors Limited

11325165

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FLOOR 6,, MANCHESTER, M3 3HF
Incorporated 24/04/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2025

Due 07/05/2026

Overdue

Industry

69102
Solicitors

Officers

Mr David Russell Jones

director · Since 20/12/2021

SOLICITOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Nicholas Richard Johnson

director · Since 26/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Etl Holdings (Uk) Ltd

75–100% shares
75–100% votes
Appoint directors

No 1, Pavilion Square, Bolton, BL5 3AJ

Reg: 08085410 · England · Limited Company

Notified 25/09/2025

Former PSCs

Mrs Claire Stewart

Ceased 03/03/2021

Mr Richard James Irving

Ceased 03/03/2021

Mr Joshua Henry Chinn

Ceased 25/09/2025

Glaisyers Solicitors Llp

Ceased 25/09/2025

Charges0 outstanding

Charge
satisfied

GLAISYERS SOLICITORS LLP

Created 20/12/2021Registered 28/12/2021Satisfied 30/08/2024

CompanyRankvs 6878+ SIC 69102 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£34k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

-£120k

Working capital

Current Assets

£725k

Current Liabilities

£846k

Fixed Assets

£115k

Debtors

£685k

15avg. employees+8

Tax at Year End(2022)

Corp tax£67k

Balance Sheet

Assets less current liabilities-£5k
Signed by 11325165 2024-01-01 2024-12-31 11325165 2024-12-31 11325165 bus: 1 1 2024-12-31 11325165 bus: 3 1 2024-12-31 11325165 coPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£57k
20231.07-£72k
20221.53-£50k
20212.68+£165k
20211.52-£11k
20200.19

Derived from filed accounts. Not audited figures.