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Wq Sub Limited

12337985

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

58 CHAPEL ROAD, WORTHING, BN11 1BN
Incorporated 28/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Rajeev Sharma

director · Since 28/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 16 other boards

Mrs Ena Sharma

secretary · Since 30/07/2021

Mr Sanamdeep Sharma

secretary · Since 01/07/2022

Persons with Significant Control

Mr Rajeev Sharma

50–75% shares
50–75% votes
Appoint directors

British · England · Age 44

19, Tagalie Square, Worthing, BN13 1FH

Notified 28/11/2019

Mrs Ena Sharma

25–50% shares
25–50% votes

British · England · Age 41

58, Chapel Road, Worthing, BN11 1BN

Notified 01/07/2022

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/02/2026Registered 16/02/2026
Charge
outstanding

LLOYDS BANK PLC

Created 18/09/2025Registered 22/09/2025
Charge
outstanding

LLOYDS BANK PLC

Created 08/08/2025Registered 08/08/2025

CompanyRankvs 1112+ SIC 56102 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1112Wq Sub Limited
76
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£64k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£184k

Working capital

Current Assets

£364k

Current Liabilities

£181k

Fixed Assets

£19k

9avg. employees+2

Balance Sheet

Assets less current liabilities£202k
Signed by Mr Rajeev Sharma 15 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.01+£27k
20231.26+£14k
20221.26+£11k
20211.24+£7k
20201.27—

Derived from filed accounts. Not audited figures.