Wifi Securities Limited
11632800
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/08/2024
total exemption full
Next accounts due
30/05/2026
Confirmation statement
Last: 23/09/2025
Due 07/10/2026
Industry
Officers
director · Since 31/05/2019
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 18 other boards
director · Since 16/11/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 6 other boards
director · Since 16/11/2020
COMPANY DIRECTOR
AUSTRALIAN,BRITISH · ENGLAND · Age 41
Also on 2 other boards
Persons with Significant Control
Norcliffe Nominees Limited
4th Floor, 50 Mark Lane, London, EC3R 7QR
Reg: 11879190 · England & Wales · Private Limited Company
Notified 19/07/2021
Former PSCs
Mr Clifford Ian Kirby
Ceased 31/05/2019
Mr Julian David Watts
Ceased 11/06/2021
Norcliffe Capital Limited
Ceased 19/07/2021
Sorcery Consulting (Iom) Limited
Ceased 23/08/2021
Tower Grange Finance Limited
Ceased 24/09/2023
Sorcery Consulting Limited
Ceased 23/09/2022
Sorcery Ventures (Iom) Limited
Ceased 24/09/2023
CompanyRankvs 39058+ SIC 62090 peers31
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
through the monetisation of its developed technologies. The directors recognise that material uncertainties exist which may cast significant doubt over the company’s ability to continue as a going concern. However, the rapid development and adoption of AI-driven technologies has increased the potential commercial relevance of the company’s IP, particularly where it may be integrated into a
Key FinancialsYear ending 30/08/2024
Net Worth
£2k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£345k
Working capital
Current Assets
£66k
Current Liabilities
£411k
Fixed Assets
£392k
Debtors
£55k
Profit After Tax
-£134k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.16 | +£6 |
| 2023 | 0.87 | +£198 |
| 2022 | 1.13 | +£528 |
| 2021 | 0.62 | +£267 |
| 2020 | 0.86 | — |
Derived from filed accounts. Not audited figures.