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Betterware Global Ltd

11662158

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

STANMORE HOUSE, MANCHESTER, M26 2JS
Incorporated 06/11/2018

Compliance

Last accounts

31/03/2021

total exemption full

Next accounts due

31/12/2022

Overdue

Confirmation statement

Last: 05/11/2021

Due 19/11/2022

Overdue

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Rob Jones

director · Since 06/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Mr Peter Neil Avery

director · Since 22/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 7 other boards

Mr Gary Geoffrey Jones

director · Since 22/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Rob Jones

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 45

Unit 4, Westminster Industrial Estate., Unit 4, Westminster Industrial Estate., Ellesmere Port, CH65 3DU

Notified 06/11/2018

Charges1 outstanding

A registered charge
outstanding

Wedo Trade Finance LTD

As a continuing security to secure the payment and performance as provided for in clause 2.1, the chargor with full title guarantee charges to the financier, by way of a first legal mortgage, all estates or interests in any freehold, leasehold or commonhold property now owned by it, including the real property (if any) specified in schedule 1.

Created 18/08/2021Registered 19/08/2021

Insolvency History1 case

creditors voluntary liquidation05/04/2023

Stephen Phillip Lancaster (practitioner)

CompanyRankvs 15+ SIC 47990 peers
5

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees0/15 pts

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

Liquidity2/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

£663k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£376k

Working capital

Current Assets

£241k

Current Liabilities

£618k

Fixed Assets

£1.1M

Debtors

£64k

5avg. employees

Balance Sheet

Intangible assets£1.1M
Bank loans & overdrafts£50k
Assets less current liabilities£719k
Signed by 11662158 2020-04-01 2021-03-31 11662158 2021-03-31 11662158 bus:OrdinaryShareClass1 2021-03-31 11662158 core:RetainedEarPrepared with Digita Accounts Production Advanced 6.29.9459.0

EstimatesDerived

YearCurrent Ratio
20210.39

Derived from filed accounts. Not audited figures.