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Wakestart Ltd

13685918

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)
  • Negative net worth (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Benjamin-Smith Jnr Bortey

director · Since 18/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Also on 1 other board

Persons with Significant Control

Mr Benjamin-Smith Jnr Bortey

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

British · England · Age 30

124, City Road, London, EC1V 2NX

Notified 18/10/2021

CompanyRankvs 24764+ SIC 71129 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.52× · 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 strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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 31/10/2024

Net Worth

-£7k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£8k

Current Liabilities

£15k

Debtors

-£1k

0avg. employees-1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.52
20230.01

Derived from filed accounts. Not audited figures.