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Wedo Trade Finance Ltd

12897120

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

SUITES 3 AND 4, FIRST FLOOR, ANNIE KENNEY MILL, OLDHAM, OL9 7FQ
Incorporated 22/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Vincent Tovey

director · Since 22/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr Mark John Lindsay

director · Since 01/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 10 other boards

Persons with Significant Control

Mr Vincent Tovey

Significant control

British · United Kingdom · Age 56

Suites 3 And 4, First Floor,, Annie Kenney Mill, Oldham, OL9 7FQ

Notified 22/09/2020

Wedo Business Services Ltd

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

Suites 3 And 4, First Floor,, Annie Kenney Mill, Oldham, OL9 7FQ

Reg: 11844897 · Companies House · Limited Company

Notified 22/09/2020

Mr Mark John Lindsay

Significant control

British · United Kingdom · Age 51

Suites 3 And 4, First Floor,, Annie Kenney Mill, Oldham, OL9 7FQ

Notified 05/11/2020

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 05/03/2026Registered 11/03/2026
Charge
outstanding

TMF TRUSTEE LIMITED

Created 28/11/2025Registered 04/12/2025
Charge
outstanding

TMF TRUSTEE LIMITED

Created 22/12/2023Registered 12/01/2024
Charge
outstanding

TMF TRUSTEE LIMITED

Created 22/12/2023Registered 11/01/2024

CompanyRankvs 6869+ SIC 64999 peers
56

Financial strength81th percentile among SIC peers · 20/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.02× · 12/20
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 strength20/25 pts

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

Employees13/15 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.

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 31/12/2024

Net Worth

£135k

Balance sheet strength

Cash

£323k

Cash in the bank

Net Current Assets

£135k

Working capital

Current Assets

£5.6M

Current Liabilities

£5.5M

Debtors

£5.3M

4avg. employees+1

Balance Sheet

Assets less current liabilities£135k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20241.02
20231.01
20221.00
20210.98

Derived from filed accounts. Not audited figures.