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Wellness Properties Ltd

12556712

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

31 SUDELEY STREET, LONDON, N1 8HW
Incorporated 15/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Atul Pathak

director · Since 15/04/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Atul Pathak

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

British · England · Age 53

31, Sudeley Street, London, N1 8HW

Notified 15/04/2020

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/11/2021Registered 22/11/2021
Charge
outstanding

NOTTINGHAM BUILDING SOCIETY

Created 05/11/2021Registered 09/11/2021

CompanyRankvs 131128+ SIC 68100 peers
13

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

and 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. 2.2. 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 going

Key FinancialsYear ending 30/04/2025

Net Worth

-£129k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£511k

Working capital

Current Assets

£9k

Current Liabilities

£519k

Fixed Assets

£805k

1avg. employees

Director Loans

Company owes directors£504k

Balance Sheet

Assets less current liabilities£295k
Signed by Mr Atul Pathak 19 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£37k
20240.01-£38k
20230.01-£36k
20220.01+£18k
20210.01

Derived from filed accounts. Not audited figures.