Company Overview
System Wessex Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 12 February 2010, so this is a well established company. System Wessex Ltd has been in business for 16 years and 1 month. The accounts status is small and the accounts are next due on Thursday 30 September 2021.
Registered Address

Craftwork Studios, 1-3 Dufferin Street, London, EC1Y 8NA
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameSYSTEM WESSEX LTD
Company Number07156150
Registered Office AddressCraftwork Studios
 1-3 Dufferin Street
 EC1Y 8NA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/02/2010
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/09/2021
Accounts Last Made Up Date30/09/2019
Accounts Account CategorySMALL
Returns Next Due Date26/10/2016
Returns Last Made Up Date28/09/2015
Previous Company NameChanged Date
MOVE TOWARD LIMITED17 May 2010
Directors & Members
Show Resigned
Iain McKeand - Director
(British, 63 years old, born January 1963)
Appointed 22 September 2021
 Active
Secretaries
Show Resigned
Other Company Directorships
Iain McKeand
ACCRUED EQUITIES (UK) LTD
FRUEHAUF LTD
FRUEHAUF RIGIDS LIMITED
FRUEHAUF TIPPERS LTD
GRANTHAM TRAILERS LTD
HONEY BADGER ENTERPRISES LTD
HUFFEY GROUP LTD
INTERNATIONAL ARTISTS LIMITED
INVICTA COMMERCIAL REPAIRS LTD
IUM LIMITED
PUNK CAPITAL LIMITED
RED CIRCLE INVESTMENTS LIMITED
TRAILER SOLUTIONS LTD
VEGAN PUNK VENTURES LTD
Balance Sheet Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2015
Balance Sheet
Fixed Assets 33,771 35,596 0
Current Assets 403,176 415,570 344,805
Creditors Due Within One Year 439,364 453,593 350,076
Working Cap -36,188 -38,023 694,881
Total Assets Less Current Liabilities -2,417 -2,427 -5,271
Long-term Liabilities 0 0 0
Net Assets -2,417 -2,427 -5,271
Share Capital & Reserves
Share Cap - - 100
Profit & Loss Reserves - - -5,371
Other Reserves - - 0
Shareholders Funds -2,417 -2,427 -5,271
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2015
Tangible Fixed Assets - - -
Fixed Assets 7.7% 7.9% 0.0%
Stocks Inventory - - -
Debtors 91.8% 84.9% 99.8%
Cash Bank In Hand 0.5% 7.2% 0.2%
Current Assets 92.3% 92.1% 100.0%
Creditors Due Within One Year 100.6% 100.5% 101.5%
Net Current Assets Liabilities -8.3% -8.4% -
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -1.5%
Called Up Share Capital - - 0.0%
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -1.6%
Shareholder Funds -0.6% -0.5% -1.5%
Capital Employed - - -
Total Assets Less Current Liabilities -0.6% -0.5% -1.5%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2015
Liquidity Ratio 0.9 0.9 1.0
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - 0.0
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2019 30-Sep-2018 30-Sep-2015
Assets 436,947 451,166 344,805
Debt 439,364 453,593 350,076
Net Assets/Debt -2,417 -2,427 -5,271
As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EC1Y 8NA
SKC EXECUTIVE SEARCH LIMITED
69 Brokesley Street, London, EC1Y 8NA
GALLOWHILL LIMITED
T J Raper And Co, Barbican Citygate, 1-3 Dufferin Street, London, EC1Y 8NA
EVOLUTION HUMAN RESOURCES LIMITED
1ST FLOOR SACKVILLE HOUSE, 143-149 FENCHURCH STREET, LONDON, EC1Y 8NA
GENERAL BUILDING SERVICES LIMITED
1-3 Dufferin Street, London, EC1Y 8NA
BRIT SERVICES (TECHNOLOGY) LIMITED
GROUND FLOOR,1, BAKERS ROW, LONDON, EC1Y 8NA
FLOWLINX LIMITED
69 Clonmel Road, London, EC1Y 8NA
FRINAB FRISTAD INDUSTRY LIMITED
GROUND FLOOR, 1-7, STATION ROAD, CRAWLEY, WEST SUSSEX, EC1Y 8NA
CLASH CONTENT LIMITED
Craftwork Studios, 1-3 Dufferin Street, London, EC1Y 8NA
DESIGN STUDIO ASSOCIATES LIMITED
12-16 Clerkenwell Road, London, EC1Y 8NA
LINKSFIELD TECHNOLOGIES LIMITED
BENTIMA HOUSE, 168-172 OLD STREET, LONDON, EC1Y 8NA
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Notice of automatic end of Administration
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Result of meeting of creditors
Statement of administrator's proposal
Registered office address changed from 1-2 Charterhouse Mews London EC1M 6BB England to Craftwork Studios 1-3 Dufferin Street London EC1Y 8NA on 25 May 2022
Appointment of an administrator
Termination of appointment of Red Circle Investments Limited as a director on 22 September 2021
Appointment of Mr Iain Urquhart Mckeand as a director on 22 September 2021
Termination of appointment of Rachel Irene Turner as a director on 22 September 2021
Termination of appointment of Iain Urquhart Mckeand as a director on 22 September 2021
Registered office address changed from Invicta Works Houghton Road Grantham Lincolnshire NG31 6JE England to 1-2 Charterhouse Mews London EC1M 6BB on 7 September 2021
Appointment of Red Circle Investments Limited as a director on 19 August 2021
Appointment of Ms Rachel Turner as a director on 19 August 2021
Satisfaction of charge 071561500001 in full
Confirmation statement made on 28 September 2020 with no updates
Cessation of Rachel Turner as a person with significant control on 22 October 2019
Notification of Red Circle Investments Limited as a person with significant control on 7 April 2016
Termination of appointment of David John Snodin as a director on 21 October 2019
Confirmation statement made on 28 September 2019 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free