Wizard Distributors Ltd
11741920
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/12/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 10 other boards
Persons with Significant Control
Mr Jaswinder Singh Doal
British · England · Age 36
Unit 3, Doal Trading Estate, Rolfe Street, Smethwick, B66 2AR
Notified 27/12/2018
CompanyRankvs 2473+ SIC 46760 peers33
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
-£25k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£52k
Current Liabilities
£77k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.68 | -£10k |
| 2022 | 0.79 | -£9k |
| 2021 | 0.88 | — |
| 2020 | 1.00 | — |
Derived from filed accounts. Not audited figures.