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Project Wexler Bidco Limited

15218766

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE PAVILION BOTLEIGH GRANGE BUISINESS PARK, SOUTHAMPTON, SO30 2AF
Incorporated 18/10/2023

Compliance

Last accounts

31/05/2025

full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Pieter Johannes Hooft

director · Since 18/10/2023

COMPANY DIRECTOR

DUTCH · UNITED KINGDOM · Age 62

Also on 13 other boards

Mr James Lucien Alexander Szpiro

director · Since 18/10/2023

INVESTMENT MANAGER

BRITISH · UNITED KINGDOM · Age 52

Also on 10 other boards

Mr Paul William Dellow

director · Since 15/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 11 other boards

Mr David Jason Fogelman

director · Since 15/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 6 other boards

Persons with Significant Control

Project Wexler Finco Limited

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

3, Alexander Street, London, W2 5NT

Reg: 15336181 · Companies House · Private Limited Company

Notified 19/12/2023

Former PSCs

Cadence Equity Partners Limited

Ceased 19/12/2023

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 15/01/2024Registered 16/01/2024

CompanyRankvs 61264+ SIC 64209 peers
3

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co

Key FinancialsYear ending 31/05/2025

Turnover

£305k

Annual revenue

Net Worth

-£12.3M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

-£9.0M

Bottom line earnings

Net Current Assets

-£48.0M

Working capital

Current Assets

£62k

Current Liabilities

£48.1M

Fixed Assets

£65.1M

Debtors

£59k

Gross Profit

£305k

Admin Expenses

£421k

Operating Profit

-£117k

Profit After Tax

-£9.0M

0avg. employees

Balance Sheet

Bank loans & overdrafts£340k
Assets less current liabilities£17.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00-£9.0M
20240.00

Derived from filed accounts. Not audited figures.