50ws Limited
11601771
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/03/2021
PRIVATE INVESTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 3 other boards
Persons with Significant Control
Mr John David Heath
British · United Kingdom · Age 53
Kingsnorth House, Blenheim Way, Birmingham, B44 8LS
Notified 29/03/2021
Former PSCs
10m Group Limited
Ceased 29/03/2021
Charges1 outstanding
DOWNING LLP
JOHN DAVID HEATH
DOWNING LLP
JOHN DAVID HEATH
CompanyRankvs 35519+ SIC 41100 peers43
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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.
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 31/12/2024
Net Worth
-£24k
Balance sheet strength
Cash
£706k
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£4.1M
Current Liabilities
£1.2M
Debtors
£127k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.51 | +£143k |
| 2023 | 2.11 | -£157k |
| 2022 | 1.37 | -£4k |
| 2021 | 1.42 | — |
| 2020 | 1.00 | — |
| 2019 | 1.00 | — |
Derived from filed accounts. Not audited figures.