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Westan Holdings Limited

14926934

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1RL
Incorporated 09/06/2023

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 08/06/2025

Due 22/06/2026

On track

Industry

64209
Activities of other holding companies

Officers

Elaine Jeanette Spence

director · Since 09/06/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Mr Michael William Ralph Spence

director · Since 09/06/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Mrs Natalie Jane Spence

director · Since 09/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Wesley James Spence

director · Since 09/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Michael William Ralph Spence

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

British · United Kingdom · Age 74

Amelia House, Crescent Road, Worthing, BN11 1RL

Notified 09/06/2023

CompanyRankvs 28481+ SIC 64209 peers
35

Financial strength86th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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28481Westan Holdings Limited
45
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 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.

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

#160; Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.4 Turnover Turnover represents rent and management fees recognised on an accruals basis. 1.5 Investment property Investme

Key FinancialsYear ending 31/10/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£944k

Working capital

Current Assets

£22k

Current Liabilities

£966k

Fixed Assets

£2.1M

Debtors

£14k

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.02

Derived from filed accounts. Not audited figures.