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Westmead Ventures Limited

13302558

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

7 LANGLEY HIGH STREET, OLDBURY, B69 4SN
Incorporated 30/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gurmakh Singh Basra

director · Since 30/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Mr Tirth Singh Sunder

director · Since 30/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Gurmakh Singh Basra

25–50% shares
25–50% votes

British · United Kingdom · Age 47

4, Westmead Drive, Oldbury, B68 8QB

Notified 30/03/2021

Mr Tirth Singh Sunder

25–50% shares
25–50% votes

British · United Kingdom · Age 37

37, Westmead Drive, Oldbury, B68 8QB

Notified 30/03/2021

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 01/09/2023Registered 13/09/2023
Charge
outstanding

PARAGON BANK PLC

Created 02/08/2021Registered 03/08/2021

CompanyRankvs 214944+ SIC 68209 peers
25

Financial strength10th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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 strength3/25 pts

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

Employees12/15 pts

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

Liquidity0/20 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 31/03/2025

Net Worth

-£21k

Balance sheet strength

Cash

£649

Cash in the bank

Net Current Assets

-£513

Working capital

Current Assets

—

Current Liabilities

£1k

Fixed Assets

£116k

2avg. employees

Balance Sheet

Bank loans & overdrafts£116k
Assets less current liabilities£115k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£3k
2024+£4k
2023+£3k

Derived from filed accounts. Not audited figures.