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W.I.S.C Isle Of Wight Ltd

11763708

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SOMERTON LODGE, SHANKLIN, PO37 6LT
Incorporated 14/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr John Edward Elford

director · Since 14/01/2019

MANAGER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr John Edward Elford

25–50% shares

British · England · Age 59

Somerton Lodge, 43 Victoria Avenue, Shanklin, PO37 6LT

Notified 14/01/2019

Former PSCs

Mr David John Elford

Ceased 10/01/2022

Mr John Edward Elford

Ceased 13/01/2021

Mrs Annabelle Elford

Ceased 11/01/2026

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/05/2019Registered 30/05/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2019Registered 07/05/2019

CompanyRankvs 8295+ SIC 55100 peers
26

Financial strength16th percentile among SIC peers · 4/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 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.

Longevity7/15 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 31/01/2026

Net Worth

-£28k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£271k

Working capital

Current Assets

£12k

Current Liabilities

£283k

Fixed Assets

£585k

Debtors

£8k

2avg. employees-2

Tax at Year End

VAT£1k

Balance Sheet

Bank loans & overdrafts£342k
Assets less current liabilities£315k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.04-£11k£21k
20250.02-£9k£27k
20240.00+£13k£5k
20230.01-£2k
20220.01+£7k£52k
20210.02

Derived from filed accounts. Not audited figures.