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Wecs Properties Ltd

13436457

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

87 HIGH STREET, BRISTOL, BS15 3QG
Incorporated 03/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Simon Alan George Southgate

director · Since 03/06/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 4 other boards

Mrs Tanya Jane Southgate

director · Since 03/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Simon Alan George Southgate

25–50% shares
25–50% votes

British · United Kingdom · Age 44

87, High Street, Bristol, BS15 3QG

Notified 03/06/2021

Mrs Tanya Jane Southgate

25–50% shares
25–50% votes

British · England · Age 50

87, High Street, Bristol, BS15 3QG

Notified 03/06/2021

Charges4 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 10/09/2025Registered 11/09/2025
Charge
outstanding

ALDERMORE BANK PLC

Created 29/07/2025Registered 30/07/2025
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 22/04/2025Registered 28/04/2025
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 22/04/2025Registered 28/04/2025
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 03/12/2021Registered 03/12/2021Satisfied 30/07/2025

CompanyRankvs 273260+ SIC 68209 peers
17

Financial strength8th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength2/25 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.

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.

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 30/06/2025

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£3k

Current Liabilities

£50k

Fixed Assets

£259k

0avg. employees

Balance Sheet

Assets less current liabilities£212k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£29k
20240.25-£3k
20230.40+£3k
20220.02

Derived from filed accounts. Not audited figures.