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Colour Wheel Worcester Limited

11845084

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

50 Princes Street, Ipswich, IP1 1RJ
Incorporated 25/02/2019

Compliance

Last accounts

28/02/2023

micro entity

Next accounts due

30/11/2024

Overdue

Confirmation statement

Last: 22/02/2024

Due 08/03/2025

Overdue

Industry

85520
Cultural education

Officers

Mrs Ravinder Dhillon

director · Since 25/02/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mrs Ravinder Dhillon

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

50, Princes Street, Ipswich, IP1 1RJ

Notified 25/02/2019

Change History

status → active
2026-07-22

Active - Proposal to Strike off

type → ltd
2026-07-22

Private Limited Company

address line1 → 50 Princes Street
2026-07-22

50 PRINCES STREET

post town → Ipswich
2026-07-22

IPSWICH

CompanyRankvs 5459+ SIC 85520 peers
33

Financial strength64th percentile among SIC peers · 16/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 compliance0/15 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 28/02/2023

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£347

Working capital

Current Assets

£6k

Current Liabilities

£7k

Fixed Assets

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20230.95

Derived from filed accounts. Not audited figures.