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Wellware Labs Ltd

16495434

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LYTCHETT HOUSE, FREELAND PARK, UNIT 13 WAREHAM ROAD, POOLE, BH16 6FA
Incorporated 04/06/2025

Compliance

Last accounts

30/06/2026

micro entity

Next accounts due

31/03/2028

On track

Confirmation statement

Last:

Due 17/06/2026

Overdue

Industry

58290
Other software publishing
62012
Business and domestic software development

Officers

Mr Farzad Moghadami

director · Since 04/06/2025

DEVELOPMENT TEAM LEAD

IRANIAN · MALAYSIA · Age 35

Persons with Significant Control

Mr Farzad Moghadami

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

Iranian · Malaysia · Age 35

Lytchett House, Freeland Park, Unit 13, Wareham Road, Poole, BH16 6FA

Notified 04/06/2025

CompanyRankvs 5482+ SIC 58290 peers
39

Financial strength55th percentile among SIC peers · 14/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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5482Wellware Labs Ltd
35
How is this score calculated?
Financial strength14/25 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.

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.

Longevity1/15 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 30/06/2026

Net Worth

£221

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£221

Working capital

Current Assets

£222

Current Liabilities

£443

0avg. employees

Balance Sheet

Assets less current liabilities£221
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20260.50

Derived from filed accounts. Not audited figures.