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Wspace Ltd

12193539

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

UNIT 2 65-67 CUTLERS ROAD, CHELMSFORD, CM3 5WA
Incorporated 06/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Stuart Charles Middleton

director · Since 06/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Persons with Significant Control

Mr Stuart Charles Middleton

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

British · England · Age 57

Unit 2, 65-67 Cutlers Road, Chelmsford, CM3 5WA

Notified 06/09/2019

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 06/01/2022Registered 25/01/2022
Charge
outstanding

LLOYDS BANK PLC

Created 06/01/2022Registered 24/01/2022
Charge
outstanding

PETER GRAHAM STRICKLAND

Created 06/01/2022Registered 24/01/2022
Charge
outstanding

LLOYDS BANK PLC

Created 15/11/2021Registered 16/11/2021

CompanyRankvs 84815+ SIC 82990 peers
40

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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84815Wspace Ltd
49
How is this score calculated?
Financial strength24/25 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.

Liquidity2/20 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 30/09/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£192k

Working capital

Current Assets

£46k

Current Liabilities

£237k

Debtors

£0

0avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£0
20250.19+£183k
20240.09+£199k

Derived from filed accounts. Not audited figures.