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Credence Wealth Management Ltd

13116905

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

31 FLEMING ROAD, GRAYS, RM16 6YA
Incorporated 06/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64922
64922
64999
Other financial service activities
66190
Other activities auxiliary to financial services
66220
Activities of insurance agents and brokers

Officers

Mrs Maria Yusuf Mamoon

director · Since 06/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Yusuf Shameem Mamoon

director · Since 06/01/2021

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Yusuf Shameem Mamoon

25–50% shares

British · United Kingdom · Age 46

62, Rawlyn Close, Grays, RM16 6BS

Notified 06/01/2021

Mrs Maria Yusuf Mamoon

25–50% shares

British · United Kingdom · Age 41

62, Rawlyn Close, Grays, RM16 6BS

Notified 06/01/2021

CompanyRankvs 2452+ SIC 64922 peers
48

Financial strength43th percentile among SIC peers · 11/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.99× · 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 strength11/25 pts

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

Employees10/15 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 31/01/2025

Net Worth

£731

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£877

Working capital

Current Assets

£86k

Current Liabilities

£87k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£731
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99
20241.03-£5k
20231.13+£159
20221.22

Derived from filed accounts. Not audited figures.