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Wigan Workspace Ltd

14231154

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)

Details

HILLSIDE THORNHILL, WIGAN, WN1 2RZ
Incorporated 13/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Timothy John Smith

secretary · Since 13/07/2022

Also on 1 other board

Mrs Francesca Gibson

director · Since 13/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 90

Also on 7 other boards

Mrs Alison Jane Smith

director · Since 13/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Timothy John Smith

director · Since 13/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Timothy John Smith

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

British · England · Age 55

Hillside, Thornhill, Wigan, WN1 2RZ

Notified 13/07/2022

CompanyRankvs 224201+ SIC 68209 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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224201Wigan Workspace Ltd
34
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.

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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£295k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£744k

Working capital

Current Assets

£21k

Current Liabilities

£765k

Fixed Assets

£448k

Debtors

£567

Profit After Tax

-£67k

3avg. employees

Balance Sheet

Assets less current liabilities-£295k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£67k
20240.01-£153k
20230.24—

Derived from filed accounts. Not audited figures.