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Wade Decorators Ltd.

11637287

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

UNIT 27 STATION HILL, BURY ST. EDMUNDS, IP31 3QU
Incorporated 23/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr. Mark Wade

director · Since 23/10/2018

DECORATOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr. Mark Wade

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

British · United Kingdom · Age 41

Unit 27, Station Hill, Bury St. Edmunds, IP31 3QU

Notified 23/10/2018

Former PSCs

Mr Daniel Watts

Ceased 03/02/2026

Charges2 outstanding

Charge
outstanding

4SYTE LTD

Created 06/03/2025Registered 07/03/2025
Charge
satisfied

SATAGO FINANCIAL SOLUTIONS LTD

Created 10/02/2023Registered 10/02/2023Satisfied 07/03/2025
Charge
outstanding

HSBC UK BANK PLC

Created 25/06/2021Registered 05/07/2021

CompanyRankvs 5980+ SIC 43341 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 31/10/2025

Net Worth

-£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£227k

Current Liabilities

£201k

Fixed Assets

£11k

Debtors

£226k

11avg. employees

Tax at Year End(2022)

Corp tax£11k

Balance Sheet

Bank loans & overdrafts£110k
Assets less current liabilities£37k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.13-£20k
20231.41
20221.05
20211.11
20201.31+£37k
20190.67£289k

Derived from filed accounts. Not audited figures.