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J-Wadel Solutions Ltd

12244619

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 04/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Johnson Oluwatosin Oluwadele

director · Since 04/10/2019

SOFTWARE ENGINEER

NIGERIAN · ENGLAND · Age 41

Persons with Significant Control

Mr Johnson Oluwatosin Oluwadele

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

British · England · Age 41

124, City Road, London, EC1V 2NX

Notified 04/10/2019

CompanyRankvs 38480+ SIC 62012 peers
42

Financial strength4th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£69k

Current Liabilities

£135k

Fixed Assets

£765

4avg. employees

Balance Sheet

Assets less current liabilities-£65k
Signed by Mr Johnson Oluwadele 29/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£121k
20231.15-£79k
20223.00+£32k
20212.92
20200.33

Derived from filed accounts. Not audited figures.