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3 W Equity Ltd

11679239

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

25A PARK SQUARE WEST, LEEDS, LS1 2PW
Incorporated 15/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr David Christopher Mitchell Ba Hons Aca

director · Since 15/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Philip Andrew Woodrow

25–50% shares
25–50% votes

British · England · Age 78

Stonelands House, Litton, Skipton, BD23 5QH

Notified 21/01/2019

Former PSCs

Mr David Christopher Mitchell

Ceased 21/01/2019

Farfield Investments Ltd

Ceased 31/01/2023

G Whitaker & Co Limited

Ceased 31/01/2023

CompanyRankvs 85+ SIC 64303 peers
71

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.22× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Director with respect to going con

Key FinancialsYear ending 31/03/2025

Turnover

£1.0M

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£353k

Cash in the bank

Profit Before Tax

-£962k

Bottom line earnings

Net Current Assets

£895k

Working capital

Current Assets

£1.3M

Current Liabilities

£404k

Fixed Assets

£197k

Debtors

£74k

Cost of Sales

£78k

Gross Profit

£958k

Admin Expenses

£1.9M

Operating Profit

-£966k

Profit After Tax

-£962k

10avg. employees+3

People Costs

Wages & salaries£732k
NI contributions£77k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20253.22-£103k
20243.89-£890k
202312.60+£735k
202220.63+£0
202111.21

Derived from filed accounts. Not audited figures.