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Westmark Retail Ltd

11582580

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 21/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores
47710
Retail sale of clothing in specialised stores
47820
Retail sale via stalls and markets of textiles, clothing and footwear
47910
Retail sale via mail order houses or via Internet

Officers

Mr Fatih Ozhamaratli

secretary · Since 21/09/2018

Also on 1 other board

Mr Fatih Ozhamaratli

director · Since 21/09/2018

RETAIL

TURKISH · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Mr Fatih Ozhamaratli

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

Turkish · United Kingdom · Age 32

128, City Road, London, EC1V 2NX

Notified 21/09/2018

CompanyRankvs 2572+ SIC 47510 peers
32

Financial strength4th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.06× · 2/20
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.

Employees6/15 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.

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

1avg. employees

Tax at Year End(2019)

Corp tax£2k
Dividends paid£10k

Balance Sheet

Assets less current liabilities-£52k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.06+£2k
20220.10+£3k
20210.29-£49k
20201.68
20191.01

Derived from filed accounts. Not audited figures.