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Wecar Technologies Ltd

12557382

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FFOF25A FIRST FLOOR OFFICE 25A, RAINHAM, RM13 8EU
Incorporated 15/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Oluwatimilehin Adeyemo

director · Since 15/04/2020

BUSINESS CONSULTANT

BRITISH · UNITED KINGDOM · Age 29

Also on 2 other boards

Charles Alexis

director · Since 22/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 25

Persons with Significant Control

Mr Oluwatimilehin Adeyemo

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

British · United Kingdom · Age 29

55, Stephens Road, London, E15 3JJ

Notified 15/04/2020

CompanyRankvs 108918+ SIC 62020 peers
26

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength1/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 30/09/2025

Net Worth

-£66k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£592

Current Liabilities

£66k

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities-£64k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£9k
20240.10-£27k
2023-£31k
2022+£4k

Derived from filed accounts. Not audited figures.