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Wt Mccormick Holdings Ltd

12759647

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

GROUND FLOOR KEBLE HOUSE, EXETER, EX1 1NT
Incorporated 21/07/2020

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

Dr Shahid Nadeem Khan

director · Since 21/07/2020

CONSULTANT SURGEON

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Dr Karen Nicola Street

director · Since 21/07/2020

PEDIATRICIAN

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Dr Shahid Nadeem Khan

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 21/07/2020

Dr Karen Nicola Street

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 21/07/2020

Charges1 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 09/02/2021Registered 15/02/2021

CompanyRankvs 107102+ SIC 68100 peers
29

Financial strength17th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 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 strength4/25 pts

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

Employees12/15 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 31/05/2024

Net Worth

-£9k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£569k

Working capital

Current Assets

£10k

Current Liabilities

£579k

Fixed Assets

£814k

Debtors

£6k

2avg. employees

Balance Sheet

Bank loans & overdrafts£249k
Assets less current liabilities£244k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£7k
20230.00+£39k
20220.08-£26k
20218.50

Derived from filed accounts. Not audited figures.