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Western Library Ltd

11332315

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

SUITE 2 BESWICK HOUSE, LEIGH, WN7 3XT
Incorporated 27/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Aiad Naieem Muhsin

director · Since 27/04/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Dr Ciaran John Taylor

director · Since 27/04/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 8 other boards

Persons with Significant Control

Dr Ciaran John Taylor

25–50% shares
25–50% votes

British · England · Age 47

Suite 2, Beswick House, Leigh, WN7 3XT

Notified 27/04/2018

Mr Aiad Naieem Muhsin

25–50% shares
25–50% votes

British · England · Age 53

Suite 2, Beswick House, Leigh, WN7 3XT

Notified 27/04/2018

Charges3 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 17/11/2020Registered 24/11/2020
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 17/11/2020Registered 19/11/2020
Charge
outstanding

RETAIL MONEY MARKET LTD · SECURITY TRUSTEE SERVICES LIMITED

Created 17/07/2018Registered 31/07/2018
Charge
satisfied

ARGYLL (WESTERN) LTD

Created 17/07/2018Registered 17/07/2018Satisfied 17/11/2020

CompanyRankvs 83244+ SIC 68209 peers
46

Financial strength77th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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83244Western Library Ltd
56
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

£96k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£6k

Current Liabilities

£12k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£8k
20230.24+£27k
20210.99+£60k
20201.00—
20191.00—

Derived from filed accounts. Not audited figures.