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Wheatford Ltd

14006306

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT K6 THE LEVEL, CARDIFF, CF3 2PU
Incorporated 28/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods

Officers

Dr Mohammed Husein Nazemi

director · Since 28/03/2022

CO DIRECTOR

BRITISH · WALES · Age 49

Also on 9 other boards

Persons with Significant Control

Dr Mohammed Husein Nazemi

50–75% shares
50–75% votes
Appoint directors

British · Wales · Age 49

Unit K6, The Level, Cardiff, CF3 2PU

Notified 28/03/2022

Former PSCs

Mr Neil James Mannford Doble

Ceased 17/02/2026

Ali Shams Mohammad Pour

Ceased 08/02/2023

CompanyRankvs 1934+ SIC 46460 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

Longevity4/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure Although there are negative reserves of £230,483. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt

Key FinancialsYear ending 31/03/2025

Net Worth

-£230k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£257k

Working capital

Current Assets

£713k

Current Liabilities

£970k

Fixed Assets

£36k

Debtors

£317k

4avg. employees

Balance Sheet

Intangible assets£200
Assets less current liabilities-£221k
Signed by Mr Mohamed Nazemi 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£0
20250.73-£134k
20240.84-£46k
20230.06

Derived from filed accounts. Not audited figures.