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Padstow Wine Company Limited

11619536

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

17 DUKE STREET, PADSTOW, PL28 8AB
Incorporated 12/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11010
Distilling, rectifying and blending of spirits
46342
46342
47250
Retail sale of beverages in specialised stores
56302
Public houses and bars

Officers

Mr David Galloway Mcwilliam

director · Since 12/10/2018

SALESMAN

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr David Galloway Mcwilliam

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

British · England · Age 55

Coquarnel, Congdons Shop, Launceston, PL15 7PW

Notified 12/10/2018

Charges1 outstanding

Charge
outstanding

SWIF SMALLER LOANS LIMITED PARTNERSHIP

Created 12/02/2024Registered 14/02/2024
Charge
satisfied

CASPAR PHILIP MOORE

Created 24/02/2023Registered 06/03/2023Satisfied 28/09/2023

CompanyRankvs 43+ SIC 11010 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£78k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£114k

Current Liabilities

£54k

Fixed Assets

£95k

6avg. employees

Balance Sheet

Assets less current liabilities£186k
Signed by Mr David McWilliam 10th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11-£69k
20231.95+£9k
20221.65-£31k
20212.31+£81k
20201.20+£127k
20190.43

Derived from filed accounts. Not audited figures.