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Waisted Leathers Ltd

11612497

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

48 - 52 PENNY LANE, LIVERPOOL, L18 1DG
Incorporated 09/10/2018

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 28/08/2025

Due 11/09/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Pradeep Reddy Maddi

director · Since 09/10/2018

COMPANY DIRECTOR

INDIAN · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Pradeep Reddy Maddi

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

Indian · United Kingdom · Age 39

48 - 52 Penny Lane, Mossley Hill, Liverpool, L18 1DG

Notified 09/10/2018

Former PSCs

Mrs Manali Velma

Ceased 01/11/2020

CompanyRankvs 50853+ SIC 47910 peers
43

Financial strength22th percentile among SIC peers · 6/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength6/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/10/2025

Net Worth

-£795

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£795

Working capital

Current Assets

£52k

Current Liabilities

£52k

1avg. employees

Balance Sheet

Assets less current liabilities-£795
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.98
20231.16

Derived from filed accounts. Not audited figures.