Westco Resources Limited
13648015
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/03/2026
Due 03/04/2027
Industry
Officers
secretary · Since 01/09/2025
secretary · Since 01/09/2025
Former
secretary · Resigned 01/04/2023
director · Resigned 01/04/2023
secretary · Resigned 01/09/2025
Persons with Significant Control
Mr Timur Gorman
British · England
Notified 28/09/2021
Former PSCs
Mallino Development Ltd
Ceased 22/07/2022
Change History
Active
Private Limited Company
REDCLIFFE HOTEL
PAIGNTON
CompanyRankvs 7528+ 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 31/12/2025
Net Worth
-£256k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£256k
Working capital
Current Assets
£89k
Current Liabilities
£345k
Fixed Assets
£0
Debtors
£85k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.26 | -£57k |
| 2024 | 0.11 | -£10k |
| 2024 | 0.97 | -£179k |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.