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Wair Trading Limited

12229096

active
Private Limited 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

23 TRESCO GARDENS, ILFORD, IG3 9NH
Incorporated 26/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47820
Retail sale via stalls and markets of textiles, clothing and footwear
62020
Information technology consultancy activities

Officers

Mr Rashid Iqbal

director · Since 26/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Rashid Iqbal

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

British · United Kingdom · Age 61

23, Tresco Gardens, Ilford, IG3 9NH

Notified 26/09/2019

CompanyRankvs 11903+ SIC 46900 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 84.73× · 20/20
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 strength3/25 pts

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

Employees4/15 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.

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/09/2024

Net Worth

-£10k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£22k

Current Liabilities

£259

Fixed Assets

£1k

Debtors

£14k

0avg. employees

Balance Sheet

Assets less current liabilities£23k
Signed by Mr R IQBAL,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202484.73—
202365.02—
20223.71+£1k
2021227.85-£4k
20207.85—

Derived from filed accounts. Not audited figures.