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Wellola Limited

11899432

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OLD DAIRY, BATH, BA2 3LR
Incorporated 22/03/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Mrs Sonia Neary

director · Since 22/03/2019

CEO WELLOLA

IRISH · IRELAND · Age 45

Mr Reece Garethe Donovan

director · Since 11/03/2026

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Mr James Barry Gibson

director · Since 11/03/2026

BRITISH · ENGLAND · Age 51

Also on 5 other boards

Persons with Significant Control

Physiolinked Limited

75–100% shares

Suite 4, Guinness Enterprise Centre, Dublin 8, D08 Dt9y

Reg: 588673 · Irish Companies Registration Office · Private Company Limited By Shares (Ltd)

Notified 15/03/2021

Former PSCs

Ms Sonia Neary

Ceased 15/03/2021

Sonia Neary

Ceased 02/05/2024

CompanyRankvs 39791+ SIC 62012 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.39× · 2/20
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 strength1/25 pts

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

Employees11/15 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 31/12/2024

Turnover

£293k

Annual revenue

Net Worth

-£558k

Balance sheet strength

Cash

£39k

Cash in the bank

Profit Before Tax

-£80k

Bottom line earnings

Net Current Assets

-£462k

Working capital

Current Assets

£298k

Current Liabilities

£760k

Fixed Assets

£2k

Debtors

£259k

Cost of Sales

£0

Gross Profit

£293k

Admin Expenses

£369k

Operating Profit

-£76k

2avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£460k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£80k
20230.50-£190k
20220.31-£267k
20210.06-£16k
20200.05
2019Infinity

Derived from filed accounts. Not audited figures.