Wrap Mi Up Ltd
12224790
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Victor Phan
British · England · Age 45
52 The Green, The Green, Welling, DA16 2PE
Notified 24/09/2019
Former PSCs
Mr Thien Lai
Ceased 01/10/2019
CompanyRankvs 11647+ SIC 56210 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2025
Net Worth
-£70k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£19k
Current Liabilities
£44k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.42 | -£78k |
| 2024 | 0.94 | +£5k |
| 2023 | 1.08 | -£15k |
| 2022 | 1.18 | -£9k |
| 2021 | Infinity | — |
Derived from filed accounts. Not audited figures.