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Wellsway Developments 890 Limited

13099386

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE ISLAND HOUSE, RADSTOCK, BA3 2DZ
Incorporated 24/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Philip John Taylor

director · Since 24/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Persons with Significant Control

Mr Philip John Taylor

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

British · United Kingdom · Age 72

The Island House, Midsomer Norton, Radstock, BA3 2DZ

Notified 24/12/2020

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 13/07/2021Registered 15/07/2021
Charge
outstanding

PARAGON BANK PLC

Created 24/06/2021Registered 24/06/2021

CompanyRankvs 105230+ SIC 68209 peers
46

Financial strength66th percentile among SIC peers · 17/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

£25k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£64k

Current Liabilities

£42k

Fixed Assets

£919k

0avg. employees

Balance Sheet

Assets less current liabilities£942k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54+£8k
20231.05-£598
20223.13+£16k
20218.53—

Derived from filed accounts. Not audited figures.