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Adwines Ltd

14482046

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

19 THE CIRCLE, LONDON, SE1 2JE
Incorporated 14/11/2022

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

46342
46342
47250
Retail sale of beverages in specialised stores
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Mirko Kusturin

director · Since 04/06/2024

COMPANY DIRECTOR

ITALIAN · ENGLAND · Age 54

Persons with Significant Control

Mr Mirko Kusturin

75–100% shares

Italian · England · Age 54

19 The Circle, Queen Elizabeth Street, London, SE1 2JE

Notified 04/06/2024

Former PSCs

Mr Mirko Kusturin

Ceased 14/09/2023

Mrs Nadia Iacovelli

Ceased 04/06/2024

CompanyRankvs 4697+ SIC 46342 peers
21

Financial strength22th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.51× · 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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4697Adwines Ltd
26
How is this score calculated?
Financial strength6/25 pts

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

Employees0/15 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 The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/11/2024

Net Worth

-£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£10k

Current Liabilities

£21k

Debtors

£10k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Mirko Kusturin 26/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£6k
20230.74—

Derived from filed accounts. Not audited figures.