Werk Solutions Ltd
13956939
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 04/03/2026
Due 18/03/2027
Industry
Officers
director · Since 05/03/2022
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM
Also on 1 other board
Persons with Significant Control
Mr Ian David Turner
British · United Kingdom
Notified 05/03/2022
Mr Paul Colin Murphy
British · United Kingdom
Notified 05/03/2022
Charges1 outstanding
TIME INVOICE FINANCE LIMITED
CompanyRankvs 831+ SIC 31010 peers27
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2026
Net Worth
-£39k
Balance sheet strength
Cash
£29k
Cash in the bank
Net Current Assets
-£53k
Working capital
Current Assets
£93k
Current Liabilities
£146k
Fixed Assets
£25k
Debtors
£52k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.64 | -£17k |
| 2025 | 0.73 | -£52k |
| 2024 | 0.84 | -£10k |
| 2023 | 0.91 | — |
Derived from filed accounts. Not audited figures.