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Workout Online International Ltd

13083702

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 121 STATION HOUSE, CHELMSFORD, CM1 1QS
Incorporated 15/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Robert Finnerty

director · Since 15/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 34

Mrs Cathleen Louise Johnson

director · Since 14/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 9 other boards

Persons with Significant Control

Mr Robert Finnerty

Significant control

British · England · Age 34

Suite 104, Station House, 27 Railway Street, Chelmsford, CM1 1QS

Notified 15/12/2020

Heracles Holdings Ltd

75–100% shares

281, Roman Road, Brentwood, CM15 0UH

Reg: 10598935 · Companies House · Limited Comany

Notified 01/01/2025

Former PSCs

Upl Marketing

Ceased 01/01/2025

Mrs Louise Johnson

Ceased 01/01/2025

CompanyRankvs 124459+ SIC 82990 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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124459Workout Online International Ltd
37
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

-£274k

Balance sheet strength

Cash

£30

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£21k

Current Liabilities

£43k

Fixed Assets

£12k

Debtors

£21k

5avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with BTCSoftware AP Solution 2024 11.1.03

EstimatesDerived

YearCurrent Ratio
20230.47

Derived from filed accounts. Not audited figures.