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Wasion Group (Europe) Ltd

15012476

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 Nelson Avenue, Shotley Gate, Ipswich, IP9 1FF
Incorporated 19/07/2023

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 27/01/2026

Due 10/02/2027

On track

Industry

46510
Wholesale of computers, computer peripheral equipment and software
46520
Wholesale of electronic and telecommunications equipment and parts
46900
Non-specialised wholesale trade

Officers

Mr Jinsong Zhao

director · Since 05/01/2024

SALES DIRECTOR

CHINESE · ENGLAND · Age 47

Also on 1 other board

Jinsong Zhao

director · Since 05/01/2024

Chinese · England · Age 47

Former

Siya Liu

director · Resigned 13/02/2024

Persons with Significant Control

Mr Jinsong Zhao

75–100% shares

Chinese · England · Age 47

6, Nelson Avenue, Ipswich, IP9 1FF

Notified 13/02/2024

Former PSCs

Ms Siya Liu

Ceased 13/02/2024

Change History

statusactive
2026-07-29

Active

typeltd
2026-07-29

Private Limited Company

address line16 Nelson Avenue
2026-07-29

6 NELSON AVENUE

post townIpswich
2026-07-29

IPSWICH

officer appointedZHAO, Jinsong
2026-07-29

CompanyRankvs 2214+ SIC 46510 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

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 31/07/2025

Net Worth

-£51k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£218k

Current Liabilities

£269k

Debtors

£8k

2avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.81
20241.00

Derived from filed accounts. Not audited figures.