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Wrks N Prgrss Limited

12162023

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

7 IDLE ROAD, BRADFORD, BD2 4QA
Incorporated 19/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Satyajit Kumar Das

director · Since 19/08/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Satyajit Kumar Das

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

British · United Kingdom · Age 46

7, Idle Road, Bradford, BD2 4QA

Notified 19/08/2019

CompanyRankvs 20329+ SIC 74100 peers
46

Financial strength7th percentile among SIC peers · 2/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1540.31× · 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 strength2/25 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.

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 31/03/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£25k

Current Liabilities

£16

Fixed Assets

£313

0avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241540.31+£17k
20235.30+£6k
20221.24-£30k
202179.36

Derived from filed accounts. Not audited figures.