Ware-Cycle Limited
13826531
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Adam Idriss
British · United Kingdom · Age 32
9, Arlington, London, N12 7JR
Notified 27/02/2023
Former PSCs
Mr Jesse Okoye
Ceased 17/06/2024
Mr Malik Aldeiri
Ceased 27/02/2023
CompanyRankvs 9448+ SIC 62020 peers78
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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 31/01/2026
Turnover
£2.1M
Annual revenue
Net Worth
£386k
Balance sheet strength
Cash
£544k
Cash in the bank
Profit Before Tax
£383k
Bottom line earnings
Net Current Assets
£383k
Working capital
Current Assets
£663k
Current Liabilities
£280k
Fixed Assets
£4k
Debtors
£119k
Cost of Sales
£1.6M
Gross Profit
£499k
Admin Expenses
£116k
Profit After Tax
£284k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 2.37 | +£385k |
| 2023 | 0.98 | — |
Derived from filed accounts. Not audited figures.