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Wearetwentysix Ltd

11810870

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 06/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Paul Patrick Mcastocker

director · Since 06/02/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Miss Rebecca Margaret Smithson

director · Since 06/02/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Paul Patrick Mcastocker

25–50% shares

British · United Kingdom · Age 42

71-75, Shelton Street, London, WC2H 9JQ

Notified 06/02/2019

Miss Rebecca Margaret Smithson

25–50% shares

British · United Kingdom · Age 37

71-75, Shelton Street, London, WC2H 9JQ

Notified 06/02/2019

CompanyRankvs 7667+ SIC 56210 peers
47

Financial strength11th percentile among SIC peers · 3/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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.

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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£18k

Balance sheet strength

Cash

£719

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£51k

Current Liabilities

£41k

Fixed Assets

£6k

Debtors

£50k

2avg. employees

Tax at Year End

Corp tax£13k

Balance Sheet

Assets less current liabilities£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23-£42k
20232.71+£50k
20221.49+£4k
20212.13

Derived from filed accounts. Not audited figures.