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Upwrap C.I.C.

12155794

active
Community Interest Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

119-121 FRESTON ROAD, LONDON, W11 4BD
Incorporated 14/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Ms Berta Garrido

director · Since 14/08/2019

DIRECTOR

SPANISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mrs Amber Olson

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

Italian · England · Age 57

119-121, Freston Road, London, W11 4BD

Notified 14/08/2019

CompanyRankvs 2643+ SIC 47510 peers
25

Financial strength19th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 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.

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

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

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director. The director considers that the

Key FinancialsYear ending 30/08/2022

Net Worth

-£4k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£5k

Current Liabilities

£9k

0avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20220.52
20210.87
20200.78

Derived from filed accounts. Not audited figures.