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Wallop Renewables Ltd

12726408

active
Private Limited Company
england wales
Companies House
Health Score
95 / 100

Healthy

25/30
Filing
30/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

49 COLLINWOOD GARDENS, ILFORD, IG5 0AN
Incorporated 07/07/2020

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/03/2026

Due 07/04/2027

On track

Industry

61200
Wireless telecommunications activities
62020
Information technology consultancy activities
63110
Data processing, hosting and related activities

Officers

Mr Nirmal Kumar Jassi

director · Since 07/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Parveen Gangar

director · Since 11/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Nirmal Kumar Jassi

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

British · England · Age 56

49, Collinwood Gardens, Ilford, IG5 0AN

Notified 07/07/2020

CompanyRankvs 1183+ SIC 61200 peers
59

Financial strength81th percentile among SIC peers · 20/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.01× · 12/20
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 strength20/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 31/07/2024

Turnover

£2.4M

Annual revenue

Net Worth

£72k

Balance sheet strength

Cash

£74k

Cash in the bank

Profit Before Tax

£18k

Bottom line earnings

Net Current Assets

£19k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.6M

Fixed Assets

£61k

Debtors

£1.6M

Cost of Sales

£2.2M

Gross Profit

£219k

Admin Expenses

£199k

Operating Profit

£19k

1avg. employees-1

Tax at Year End(2023)

Corp tax£15k

Balance Sheet

Assets less current liabilities£80k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£1k
20231.13+£270k
20220.34
20210.33

Derived from filed accounts. Not audited figures.