Back to search

Wale Plumbing & Heating Ltd

15827755

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

18 CUMBERWELL DRIVE, LEICESTER, LE19 2LB
Incorporated 09/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Richard Wale

director · Since 09/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Richard Wale

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

British · United Kingdom · Age 47

18, Cumberwell Drive, Leicester, LE19 2LB

Notified 09/07/2024

CompanyRankvs 34028+ SIC 43220 peers
34

Financial strength13th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity2 years trading (max 15) · 2/15
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.

Employees8/15 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 31/07/2025

Net Worth

-£424

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£4k

Current Liabilities

£6k

Fixed Assets

£2k

Debtors

£2k

2avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£424

EstimatesDerived

YearCurrent Ratio
20250.56
20250.56

Derived from filed accounts. Not audited figures.