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Wear Beer Ltd

14396852

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

16 WHARNCLIFFE STREET, SUNDERLAND, SR1 3RG
Incorporated 04/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11050
Manufacture of beer

Officers

Julio Romero Johnson

director · Since 04/10/2022

BREWER

BRITISH,SPANISH · ENGLAND · Age 36

Persons with Significant Control

Julio Romero Johnson

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

British,Spanish · England · Age 36

16, Wharncliffe Street, Sunderland, SR1 3RG

Notified 04/10/2022

CompanyRankvs 1592+ SIC 11050 peers
49

Financial strength31th percentile among SIC peers · 8/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/10/2024

Turnover

£16k

Annual revenue

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£3k

Current Liabilities

£0

Fixed Assets

£14k

Profit After Tax

-£836

0avg. employees-1

Balance Sheet

Depreciation£200
Assets less current liabilities£17k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity-£9k
2023Infinity

Derived from filed accounts. Not audited figures.