Back to search

Cgs Wealth Limited

13749066

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

4 CHESTER COURT, BASILDON, SS14 3WR
Incorporated 17/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Gary Spurgeon

director · Since 17/11/2021

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Dls Possessiones Limited

50–75% shares

4, Chester Court, Basildon, SS14 3WR

Notified 31/12/2024

Former PSCs

Mr Gary Spurgeon

Ceased 17/11/2021

CompanyRankvs 2326+ SIC 70221 peers
72

Financial strength70th percentile among SIC peers · 18/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.88× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/11/2024

Net Worth

£23k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£27k

Current Liabilities

£3k

3avg. employees

Tax at Year End

Corp tax£2k

People Costs(2023)

Wages & salaries£87k
NI contributions£5k

Balance Sheet

Assets less current liabilities£23k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20247.88+£2k
20233.56

Derived from filed accounts. Not audited figures.