Westco Resources Limited
13648015
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/09/2025
Persons with Significant Control
Mr Timur Gorman
British · England · Age 59
Accountlets, Coveham House, Downside Bridge Road, Cobham, KT11 3EP
Notified 28/09/2021
Former PSCs
Mallino Development Ltd
Ceased 22/07/2022
CompanyRankvs 7795+ SIC 78300 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£200k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£26k
Current Liabilities
£225k
Debtors
£24k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.11 | -£10k |
| 2024 | 0.97 | -£179k |
| 2023 | 1.00 | -£8k |
| 2022 | 1.00 | — |
Derived from filed accounts. Not audited figures.