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Wpc 8 Limited

12207567

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

850 GREEN LANES, LONDON, N21 2RS
Incorporated 16/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56301
Licensed clubs

Officers

Mr James Dominic Weight

director · Since 16/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 58 other boards

Persons with Significant Control

Wpc10 Limited

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

C/O Oasys Accountants, 850 Green Lanes, London, N21 2RS

Reg: 12820672 · England And Wales · Private Limited Company

Notified 24/08/2020

Former PSCs

Mr. James Dominic Weight

Ceased 24/08/2020

Charges2 outstanding

Charge
outstanding

TRIPLE POINT ADVANCR LEASING PLC

Created 20/12/2022Registered 20/12/2022
Charge
outstanding

WEIGHT PARTNERS CORPORATE LIMITED

Created 07/10/2020Registered 12/10/2020

CompanyRankvs 1223+ SIC 56301 peers
23

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 29/12/2024

Turnover

£3.3M

Annual revenue

Net Worth

-£727k

Balance sheet strength

Cash

£307k

Cash in the bank

Profit Before Tax

-£61k

Bottom line earnings

Net Current Assets

-£572k

Working capital

Current Assets

£707k

Current Liabilities

£1.3M

Fixed Assets

£417k

Debtors

£360k

Cost of Sales

£713k

Gross Profit

£2.5M

Admin Expenses

£2.6M

Operating Profit

-£57k

Profit After Tax

-£61k

52avg. employees-3

Balance Sheet

Intangible assets-£46k
Assets less current liabilities-£155k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55-£61k
20230.46-£133k
20210.58-£299k
20200.51

Derived from filed accounts. Not audited figures.