Wisp It Limited
12643055
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/02/2024
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 2 other boards
Persons with Significant Control
Associated Telecom Limited
Suite 10a Pemberton House, Stafford Park 1, Telford, TF3 3BD
Reg: 02927357 · Companies House · Limited Company
Notified 14/02/2024
Former PSCs
Miss Sarah Lawrence
Ceased 31/10/2021
Mr James Prince
Ceased 14/10/2021
Mr Daniel Patch
Ceased 14/02/2024
Mr Richard Oliver Hyde
Ceased 14/02/2024
CompanyRankvs 82793+ SIC 62020 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 30/06/2024
Net Worth
-£21k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£23k
Working capital
Current Assets
£19k
Current Liabilities
£42k
Fixed Assets
£2k
Debtors
£2k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.45 | +£13k | £243k |
| 2023 | 0.25 | -£9k | — |
| 2022 | 0.16 | -£9k | — |
| 2021 | 0.12 | — | — |
Derived from filed accounts. Not audited figures.