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Wellchair Ltd

15112868

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

13 LEWESTON PLACE, LONDON, N16 6RJ
Incorporated 04/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46180
Agents specialised in the sale of other particular products

Officers

Mr Yitzchok Boruch Schaechter

director · Since 04/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Yitzchok Boruch Schaechter

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

British · England · Age 41

13, Leweston Place, London, N16 6RJ

Notified 04/09/2023

CompanyRankvs 6661+ SIC 46180 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.78× · 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 strength2/25 pts

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

Employees2/15 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 30/09/2024

Net Worth

-£22k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£75k

Current Liabilities

£97k

0avg. employees
Signed by Mr Y Schaechter,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.78

Derived from filed accounts. Not audited figures.