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Wedge Foods Limited

12033429

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WISTON HOUSE, WORTHING, BN14 7QL
Incorporated 05/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Darren James Connolly

director · Since 05/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mrs Viktoriia Connolly

director · Since 05/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Darren James Connolly

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Wiston House, 1 Wiston Avenue, Worthing, BN14 7QL

Notified 05/06/2019

Mrs Viktoriia Connolly

25–50% shares
25–50% votes

British · United Kingdom · Age 55

Wiston House, 1 Wiston Avenue, Worthing, BN14 7QL

Notified 05/06/2019

CompanyRankvs 889+ SIC 47290 peers
71

Financial strength87th percentile among SIC peers · 22/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.14× · 20/20
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 strength22/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£76k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£100k

Current Liabilities

£24k

Fixed Assets

£245

Debtors

£68k

2avg. employees

Balance Sheet

Assets less current liabilities£76k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.14-£249k
202415.50+£38k
20231.47+£161k
20221.16+£80k
20211.12—

Derived from filed accounts. Not audited figures.