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Usespace Limited

11823362

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SWETTENHAM WATER MILL SWETTENHAM WATER MILL, CONGLETON, CW12 2LA
Incorporated 12/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr David Walter

director · Since 12/02/2019

CEO

BRITISH · ENGLAND · Age 79

Also on 4 other boards

Persons with Significant Control

Mr David Walter

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

British · England · Age 79

Swettenham Water Mill, Swettenham Water Mill, Congleton, CW12 2LA

Notified 12/02/2019

Mrs Susan Walter

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

Swettenham Water Mill, Swettenham Water Mill, Congleton, CW12 2LA

Notified 12/02/2019

CompanyRankvs 58543+ SIC 68320 peers
38

Financial strength7th percentile among SIC peers · 2/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
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90
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90
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10Compton Property Management Limited
90
58543Usespace Limited
38
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 29/02/2020

Net Worth

-£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£115k

Working capital

Current Assets

£42k

Current Liabilities

£156k

Fixed Assets

£82k

2avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20200.27

Derived from filed accounts. Not audited figures.