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Weare8 Media Ltd

12470936

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)

Details

ARQUEN HOUSE, ST. ALBANS, AL3 4PQ
Incorporated 19/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Ms Sue Elizabeth Fennessy

director · Since 19/02/2020

CHIEF EXECUTIVE

AUSTRALIAN · ENGLAND · Age 58

Persons with Significant Control

Ms Sue Elizabeth Fennessy

25–50% shares
25–50% votes

Australian · England · Age 58

Arquen House, 4-6 Spicer Street, St. Albans, AL3 4PQ

Notified 31/08/2022

Weare8, Pbc

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

224, W 35th St Ste 500 #195, New York, NY 10001

Reg: 0000000 · Delaware Division Of Corporations · Public Benefit Corporation

Notified 31/08/2022

CompanyRankvs 4630+ SIC 58290 peers
42

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Longevity6/15 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 31/12/2024

Net Worth

-£17.3M

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

-£373k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.4M

Fixed Assets

£18k

Debtors

£886k

16avg. employees-7

Balance Sheet

Assets less current liabilities-£355k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73-£4.6M
20231.02-£4.5M
20220.70-£6.5M
20213.66-£1.5M

Derived from filed accounts. Not audited figures.