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Wonder Source Ltd

12008018

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 21/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Ms. Michelle Velan

director · Since 21/05/2019

COMPANY DIRECTOR

CANADIAN · UNITED KINGDOM · Age 43

Persons with Significant Control

Ms. Michelle Velan

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

Canadian · United Kingdom · Age 43

3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE

Notified 21/05/2019

Former PSCs

Mrs. Jenny Hogan

Ceased 07/12/2020

CompanyRankvs 49540+ SIC 62090 peers
22

Financial strength30th percentile among SIC peers · 8/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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49540Wonder Source Ltd
32
How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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

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

Going Concern Doubt

future and that there are no material uncertainties that lead to significant doubts upon the Company's ability to continue as a going concern. Thus the director has continued to adopt the going concern basis of accounting in preparing these financial statements. 3. Employees and directors The average number of employees during the year was NIL (2024 - NIL). 4. Creditors: amounts fallin

Key FinancialsYear ending 31/05/2025

Net Worth

£2

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

—

Current Liabilities

£71k

0avg. employees

Balance Sheet

Assets less current liabilities-£71k
Prepared with IRIS Accounts Production