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Nuwash Laundry Ltd

15571962

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

19 UNIT 19 MAYBROOK INDUSTRIAL ESTATE, WALSALL, WS8 7DG
Incorporated 17/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Mr Graham Oakley

director · Since 17/03/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Persons with Significant Control

Mr Graham Oakley

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

British · England · Age 49

19, Unit 19 Maybrook Industrial Estate, Walsall, WS8 7DG

Notified 17/03/2024

Former PSCs

Mr Colin Michael Oakley

Ceased 28/01/2026

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 16/09/2024Registered 26/09/2024Satisfied 16/02/2026

CompanyRankvs 2816+ SIC 96010 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity2 years trading (max 15) · 2/15
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.

Employees12/15 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.

Longevity2/15 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

-£126k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£107k

Current Liabilities

£181k

Fixed Assets

£30k

4avg. employees

Balance Sheet

Assets less current liabilities-£44k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.59

Derived from filed accounts. Not audited figures.