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Re.Wrap Ltd

14895172

active
Private Limited Company
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)

Details

THE GLASSWORKS, FOLKESTONE, CT20 1JG
Incorporated 25/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46650
Wholesale of office furniture

Officers

Mrs Lucy Elizabeth Abraham

director · Since 25/05/2023

DIRECTOR

AUSTRALIAN · ENGLAND · Age 40

Also on 1 other board

Mr Stephen Ivor Lewis

director · Since 25/05/2023

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Stephen Ivor Lewis

25–50% shares
25–50% votes

British · United Kingdom · Age 46

The Glassworks, 5 Mill Bay, Folkestone, CT20 1JG

Notified 25/05/2023

Mrs Lucy Elizabeth Abraham

25–50% shares
25–50% votes

Australian · England · Age 40

The Glassworks, 5 Mill Bay, Folkestone, CT20 1JG

Notified 25/05/2023

CompanyRankvs 475+ SIC 46650 peers
32

Financial strength1th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1J.G. Fenn Limited
90
2Kinnarps (U.K.) Limited
90
3Harlequin Office Furniture Limited
90
4Bof Group Limited
90
5P.R.S. Office Furniture Limited
90
6Online Ergonomics Limited
90
7Tci (Gb) Ltd
90
8Harrow Business Services Limited
90
9Office Interiors Wholesale Limited
89
10Trac Office Equipment Limited
89
475Re.Wrap Ltd
32
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.

Employees12/15 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.

Longevity3/15 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 31/12/2024

Net Worth

-£533k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£533k

Working capital

Current Assets

£13k

Current Liabilities

£546k

Debtors

£8k

4avg. employees

Balance Sheet

Assets less current liabilities-£533k
Signed by Mr S Lewis 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£457k
20230.01—

Derived from filed accounts. Not audited figures.