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Wpg Uk Holdco Limited

11855945

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

POWERTRAIN SERVICES UK LTD, LEEK, ST13 5QF
Incorporated 01/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Andrew Porter

director · Since 01/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Matteo Storchi

director · Since 01/12/2021

DIRECTOR

ITALIAN · ITALY · Age 51

Mr Stefano Palmieri

director · Since 01/07/2023

DIRECTOR

ITALIAN · ITALY · Age 58

Persons with Significant Control

Comer Industries S.P.A.

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

Via Magellano 27, 42046 Reggiolo (Re)

Reg: 07210440157 · Italy · Joint Stock Company

Notified 01/12/2021

Former PSCs

Mr Richard Marshall Cashin

Ceased 01/12/2021

Mr David Han

Ceased 01/12/2021

Charges1 outstanding

Charge
outstanding

WILMINGTON TRUST (LONDON) LIMITED

Created 18/06/2019Registered 20/06/2019

CompanyRankvs 1380+ SIC 64209 peers
58

Financial strength93th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 193.48× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2024

Turnover

£17.9M

Annual revenue

Net Worth

£2.9M

Balance sheet strength

Cash

£161k

Cash in the bank

Profit Before Tax

-£137k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£2.8M

Current Liabilities

£15k

Fixed Assets

£91k

Debtors

£2.7M

Admin Expenses

£14k

Operating Profit

-£14k

Profit After Tax

-£219k

3avg. employees

Tax at Year End

Dividends paid-£15.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2024193.48-£15.4M
20238.45+£15.3M
20211.01+£61k
20191.01

Derived from filed accounts. Not audited figures.