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Zw Sourcing Limited

11534696

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

13 HANOVER SQUARE, LONDON, W1S 1HN
Incorporated 24/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
70229
Management consultancy activities
85600
Educational support services

Officers

Mr Xingang Wang

director · Since 02/10/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 10 other boards

Persons with Significant Control

Mrs Chen Zhao

25–50% shares
25–50% votes

British · United Kingdom · Age 43

13, Hanover Square, London, W1S 1HN

Notified 24/08/2018

Mr Xingang Wang

25–50% shares

British · England · Age 46

13, Hanover Square, London, W1S 1HN

Notified 14/03/2024

Former PSCs

Mr Xingang Wang

Ceased 12/10/2023

CompanyRankvs 101922+ SIC 62020 peers
20

Financial strength1th percentile among SIC peers · 0/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees5/15 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

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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, how

Key FinancialsYear ending 31/08/2025

Net Worth

-£259k

Balance sheet strength

Cash

£88

Cash in the bank

Net Current Assets

-£259k

Working capital

Current Assets

£4k

Current Liabilities

£263k

Debtors

£4k

1avg. employees

Tax at Year End(2021)

Corp tax£2k

Director Loans

Company owes directors£260k

Balance Sheet

Assets less current liabilities-£259k
Signed by Mr Xingang Wang 27/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02—
20240.02-£43k
20230.03-£55k
20220.06-£94k
20210.26—

Derived from filed accounts. Not audited figures.