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Workwear Innovation Ltd

12966031

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 27 RHODES MOORHOUSE WAY, SALISBURY, SP4 6RT
Incorporated 21/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14120
Manufacture of workwear

Officers

Mr Charlie Luke Smith

director · Since 21/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Mr Thomas Patrick Winfield

director · Since 21/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Thomas Patrick Winfield

25–50% shares

British · England · Age 32

Unit 27, Rhodes Moorhouse Way, Salisbury, SP4 6RT

Notified 10/11/2020

Mr Charlie Luke Smith

25–50% shares

British · England · Age 34

Unit 27, Rhodes Moorhouse Way, Salisbury, SP4 6RT

Notified 10/11/2020

Former PSCs

Mr Thomas James Mundy

Ceased 15/09/2021

Miss Natalie Marie Down

Ceased 13/01/2022

CompanyRankvs 344+ SIC 14120 peers
41

Financial strength20th percentile among SIC peers · 5/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength5/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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

-£232

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£232

Working capital

Current Assets

£760

Current Liabilities

£992

Debtors

£760

2avg. employees

Tax at Year End(2022)

Corp tax£64

Balance Sheet

Assets less current liabilities-£232
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.77
20240.91
20221.11

Derived from filed accounts. Not audited figures.