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Watan Confectionery And Bakery Ltd

13564366

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

575 CHEETHAM HILL ROAD, MANCHESTER, M8 9JE
Incorporated 13/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Seyed Ali Bathaei

director · Since 13/08/2021

MANAGER

IRANIAN · ENGLAND · Age 54

Persons with Significant Control

Mr Seyed Ali Bathaei

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

Iranian · England · Age 54

575, Cheetham Hill Road, Manchester, M8 9JE

Notified 13/08/2021

CompanyRankvs 1743+ SIC 10710 peers
48

Financial strength50th percentile among SIC peers · 13/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£547

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£40k

Current Liabilities

£47k

Fixed Assets

£8k

3avg. employees+1

Balance Sheet

Assets less current liabilities£547
Signed by Mr Seyed BATHAEI 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.84
20230.91
20221.03

Derived from filed accounts. Not audited figures.