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Wellcare Assets Limited

12636799

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ELTHORNE GATE, PINNER, HA5 5QA
Incorporated 01/06/2020

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 Anup Patel

director · Since 01/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 19 other boards

Ms Avni Patel

director · Since 01/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Persons with Significant Control

Mr Anup Patel

25–50% shares
25–50% votes

British · England · Age 34

Elthorne Gate, 64 High Street, Pinner, HA5 5QA

Notified 01/06/2020

Ms Avni Patel

25–50% shares
25–50% votes

British · England · Age 34

Elthorne Gate, 64 High Street, Pinner, HA5 5QA

Notified 01/06/2020

Charges3 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 19/02/2025Registered 21/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 18/06/2021Registered 18/06/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 27/08/2020Registered 03/09/2020

CompanyRankvs 150752+ SIC 68100 peers
19

Financial strength11th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£23k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£387k

Working capital

Current Assets

£157k

Current Liabilities

£544k

Debtors

£128k

0avg. employees

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities£611k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£0
20250.29
20240.43
2023+£4k

Derived from filed accounts. Not audited figures.