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The Well Ip Limited

12239254

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BLACK HANGAR STUDIOS, ALTON, GU34 5SR
Incorporated 02/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Mr Jake Seal

director · Since 30/10/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 13 other boards

Persons with Significant Control

Narrum Ltd

75–100% shares
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Black Hangar Studios, The Black Hangar Studios, Alton, GU34 5SR

Reg: 17039613 · England And Wales · Limited

Notified 01/03/2026

Former PSCs

Mr Michael Richard Seal

Ceased 01/03/2026

Charges1 outstanding

Charge
outstanding

BANK OF MONTREAL

Created 30/06/2023Registered 02/07/2023

CompanyRankvs 7199+ SIC 59111 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.65× · 20/20
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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7199The Well Ip Limited
48
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.

Employees7/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a g

Key FinancialsYear ending 31/12/2024

Net Worth

-£6.3M

Balance sheet strength

Cash

£17

Cash in the bank

Net Current Assets

£611k

Working capital

Current Assets

£778k

Current Liabilities

£167k

Debtors

£778k

1avg. employees

Balance Sheet

Assets less current liabilities£611k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.65-£2.2M
202321.46-£1.7M
20231.42—

Derived from filed accounts. Not audited figures.