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Wellplaid Clothing Ltd

14162585

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

5 CARNABY STREET, LONDON, W1F 9PB
Incorporated 09/06/2022

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/06/2025

Due 22/06/2026

Overdue

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Zaid Farzan

secretary · Since 09/06/2022

Mr Jad Toubayly

director · Since 09/06/2022

MULTIPLE BUSINESS OWNER

LEBANESE · UNITED ARAB EMIRATES · Age 42

Mr Zaid Mohamed Farzan

director · Since 01/05/2025

GENERAL MANAGER

SRI LANKAN · SRI LANKA · Age 35

Persons with Significant Control

Winnrz Holding Uk Ltd

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

12, New Fetter Lane, London, EC4A 1JP

Reg: 14159859 · Companies House · Private Limited Company

Notified 09/06/2022

CompanyRankvs 10626+ SIC 47710 peers
28

Financial strength29th percentile among SIC peers · 7/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10626Wellplaid Clothing Ltd
38
How is this score calculated?
Financial strength7/25 pts

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

Employees10/15 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.

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

requirements with the support of its intermediate holding company and shareholders. In assessing the appropriateness of the going concern assumption, the directors have prepared forecasts and projections, which support its ability to continue trading. In addition, based on enquiries, the Directors expect that the Company has adequate r

Key FinancialsYear ending 31/12/2025

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£478k

Working capital

Current Assets

£120k

Current Liabilities

£598k

Fixed Assets

£198k

Debtors

£91k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£279k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.20

Derived from filed accounts. Not audited figures.