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Wai Communications Ltd

12836227

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

505 PINNER ROAD, HARROW, HA2 6EH
Incorporated 25/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47421
Retail sale of mobile telephones

Officers

Mrs Anita Chang

secretary · Since 25/08/2020

Mr William Chang

director · Since 25/08/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr William Chang

50–75% shares
50–75% votes
Appoint directors

British · England · Age 50

505 Pinner Road, Harrow, HA2 6EH

Notified 25/08/2020

Mrs Anita Chang

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

505 Pinner Road, Harrow, HA2 6EH

Notified 25/08/2020

CompanyRankvs 109+ SIC 47421 peers
81

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.63× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/03/2025

Net Worth

£370k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£367k

Working capital

Current Assets

£507k

Current Liabilities

£140k

Fixed Assets

£4k

Debtors

£331k

Profit After Tax

£43k

46avg. employees+1

Tax at Year End

Corp tax£50k
Dividends paid£38k

Balance Sheet

Assets less current liabilities£371k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.63+£5k
20242.74+£76k
20233.07—

Derived from filed accounts. Not audited figures.