Westmark Retail Ltd
11582580
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/09/2018
RETAIL
TURKISH · UNITED KINGDOM · Age 32
Also on 1 other board
Persons with Significant Control
Mr Fatih Ozhamaratli
Turkish · United Kingdom · Age 32
128, City Road, London, EC1V 2NX
Notified 21/09/2018
CompanyRankvs 2572+ SIC 47510 peers32
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2023
Net Worth
-£79k
Balance sheet strength
Cash
£530
Cash in the bank
Net Current Assets
-£52k
Working capital
Current Assets
£4k
Current Liabilities
£56k
Debtors
£2k
Profit After Tax
£2k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.06 | +£2k |
| 2022 | 0.10 | +£3k |
| 2021 | 0.29 | -£49k |
| 2020 | 1.68 | — |
| 2019 | 1.01 | — |
Derived from filed accounts. Not audited figures.