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Widecover Holdings Limited

11905825

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

LEES MILL LANE, HUDDERSFIELD, HD7 5QE
Incorporated 26/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Gurvinder Singh

director · Since 26/03/2019

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 63

Mr Jaitej Walia

director · Since 26/03/2019

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 32

Persons with Significant Control

Jt Crop Limited

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

Lees Mill Lane, Linthwaite, Huddersfield, HD7 5QE

Reg: 03559431 · England & Wales · Corporate

Notified 01/08/2019

Former PSCs

Mr Gurvinder Singh

Ceased 01/08/2019

Mrs Monica Walia

Ceased 01/08/2019

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/06/2020Registered 11/06/2020
Charge
outstanding

HSBC UK BANK PLC

Created 20/03/2020Registered 23/03/2020

CompanyRankvs 16699+ SIC 64209 peers
49

Financial strength79th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£374k

Balance sheet strength

Cash

£199k

Cash in the bank

Net Current Assets

-£177k

Working capital

Current Assets

£421k

Current Liabilities

£598k

Fixed Assets

£551k

Debtors

£222k

2avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£374k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£89k
20240.61+£6k
20230.61

Derived from filed accounts. Not audited figures.