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Wurm London Limited

13840354

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

124 FINCHLEY ROAD, LONDON, NW3 5JS
Incorporated 11/01/2022

Compliance

Last accounts

31/03/2023

small

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 10/01/2025

Due 24/01/2026

Overdue

Industry

90010
Performing arts

Officers

Mr Hunter Arnold

director · Since 11/01/2022

PRODUCER

AMERICAN · UNITED STATES · Age 49

Also on 9 other boards

Mr Gavin Joseph Kalin

director · Since 11/01/2022

PRODUCER

BRITISH · UNITED KINGDOM · Age 45

Also on 9 other boards

Mr Oliver Lansley

director · Since 11/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr James Seagar

director · Since 11/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Labyrinth Productions Limited

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

81, Basement, Marylands Road, London, W9 2DS

Reg: 13745423 · Companies House · Private Limited Company

Notified 11/01/2022

CompanyRankvs 11739+ SIC 90010 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

statements, which details that the Company is raising funding to support its activities and without these funds being raised there is a significant doubt of the Company's ability to continue as a going concern. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on

Key FinancialsYear ending 31/03/2023

Net Worth

-£5.0M

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£5.0M

Working capital

Current Assets

£1.2M

Current Liabilities

£6.3M

Debtors

£419k

4avg. employees

Balance Sheet

Assets less current liabilities-£5.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20230.20

Derived from filed accounts. Not audited figures.