Back to search

Iwk Watford Ltd

15337780

active
Private Limited Company
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

42 HIGH STREET, WATFORD, WD17 2BS
Incorporated 09/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Muhammed Kamran

director · Since 09/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Ismaeel Mohammed Waseem

director · Since 09/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 6 other boards

Persons with Significant Control

Mr Muhammed Kamran

25–50% shares
25–50% votes

British · United Kingdom · Age 48

42, High Street, Watford, WD17 2BS

Notified 09/12/2023

4w Group Ltd

50–75% shares
50–75% votes
Appoint directors

Riley House, 183-185 North Road, Preston, PR1 1YQ

Reg: 13888365 · Companies House · Private Limited Company

Notified 09/12/2023

CompanyRankvs 18018+ SIC 56102 peers
37

Financial strength12th percentile among SIC peers · 3/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£17k

Current Liabilities

£54k

Fixed Assets

£4k

21avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.31

Derived from filed accounts. Not audited figures.