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Workspace Penarth Limited

13371651

active
Private Limited Company
wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

GROUND FLOOR TRADE 11 WESTGATE HOUSE, CARDIFF, CF10 1BR
Incorporated 03/05/2021

Compliance

Last accounts

30/04/2025

unaudited abridged

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Simon Malcolm Baston

director · Since 03/05/2021

COMPANY DIRECTOR

BRITISH · WALES · Age 58

Also on 13 other boards

Persons with Significant Control

Ds Holdings (Penarth) Ltd

75–100% votes

Ground Floor Trade 11 Westgate House, Womanby Street, Cardiff, CF10 1BR

Reg: 09701702 · England And Wales · Private Company Limited By Shares

Notified 15/10/2021

Former PSCs

Mr Simon Malcolm Baston

Ceased 15/10/2021

Charges4 outstanding

Charge
outstanding

PPM CREDIT LIMITED

Created 03/10/2025Registered 07/10/2025
Charge
outstanding

PPM CREDIT LIMITED

Created 03/10/2025Registered 06/10/2025
Charge
outstanding

DBW INVESTMENTS (11) LIMITED

Created 12/10/2021Registered 14/10/2021
Charge
outstanding

DBW INVESTMENTS (11) LIMITED

Created 12/10/2021Registered 13/10/2021

CompanyRankvs 26094+ SIC 68100 peers
57

Financial strength89th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26094Workspace Penarth Limited
63
How is this score calculated?
Financial strength22/25 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.

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 30/04/2025

Net Worth

£221k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£156k

Current Liabilities

£99k

Fixed Assets

£2.0M

Debtors

£155k

1avg. employees-1

Balance Sheet

Assets less current liabilities£2.1M
Signed by Mr S M Baston 14 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.58-£241k
20245.89-£71k
20232.09—

Derived from filed accounts. Not audited figures.