Wearwell Group Holdings Limited
14897485
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
group
Next accounts due
31/12/2027
Confirmation statement
Last: 11/05/2026
Due 25/05/2027
Industry
Officers
director · Since 26/05/2023
CHAIR PERSON
BRITISH · ENGLAND · Age 68
Also on 6 other boards
director · Since 26/05/2023
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 59
Also on 6 other boards
Persons with Significant Control
Richard Wright
British · England · Age 59
Gargarin, Lichfield Road, Tamworth, B79 7TR
Notified 26/05/2023
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 2533+ SIC 74990 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/12/2025
Net Worth
£16k
Balance sheet strength
Cash
£203k
Cash in the bank
Profit Before Tax
£477k
Bottom line earnings
Net Current Assets
£353k
Working capital
Current Assets
£5.4M
Current Liabilities
£5.1M
Fixed Assets
£1.5M
Debtors
£2.2M
Cost of Sales
£5.7M
Admin Expenses
£1.7M
Profit After Tax
£352k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.07 | +£352k |
| 2024 | 0.00 | -£323k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.