Company Overview
Wealthmax Mortgages Limited is a Dissolved Private Limited Company.
Registered Address

Office Gold Building 3 Chiswick Park, 566 Chiswick High Road, London, W4 5YA
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Companies House Data
Company NameWEALTHMAX MORTGAGES LIMITED
Company Number08299126
Registered Office AddressOffice Gold Building 3 Chiswick Park
 566 Chiswick High Road
 W4 5YA
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date19/11/2012
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/03/2019
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date29/07/2016
Returns Last Made Up Date01/07/2015
Previous Company NameChanged Date
INSURE LIFE LIMITED12 Sep 2017
ANKUR LIMITED07 Nov 2013
OCTOPUS FINANCIAL SERVICES LIMITED30 Aug 2013
Directors & Members
Show Resigned
Shankar Devarashetty - Director
(British, 48 years old, born January 1978)
Appointed 20 June 2018
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Balance Sheet
Fixed Assets 0 0 0
Current Assets 26 14,347 657
Creditors Due Within One Year 0 14,210 -2,136
Working Cap 26 137 2,793
Total Assets Less Current Liabilities 26 137 2,793
Long-term Liabilities 0 0 4,272
Net Assets 26 137 2,793
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 26 137 2,793
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - 5.2% -
Cash Bank In Hand 100.0% 94.8% 100.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 0.0% 99.0% -325.1%
Net Current Assets Liabilities 100.0% 1.0% 425.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 100.0% 1.0% 425.1%
Capital Employed - - -
Total Assets Less Current Liabilities 100.0% 1.0% 425.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Liquidity Ratio 26.0 1.0 -0.3
Solvency Ratio 1.0 0.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Assets 26 14,347 657
Debt 0 14,210 2,136
Net Assets/Debt 26 137 2,793
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
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 4 May 2019 with no updates
Cessation of Raja Kanakamedala as a person with significant control on 20 June 2018
Notification of Shankar Devarashetty as a person with significant control on 20 June 2018
Appointment of Mr Shankar Devarashetty as a director on 20 June 2018
Termination of appointment of Raja Kanakamedala as a director on 20 June 2018
Cessation of Shankar Devarashetty as a person with significant control on 20 June 2018
Notification of Raja Kanakamedala as a person with significant control on 20 June 2018
Termination of appointment of Shankar Devarashetty as a director on 20 June 2018
Appointment of Mr Raja Kanakamedala as a director on 20 June 2018
Termination of appointment of Hiten Ashvinbhai Bhatt as a director on 4 May 2018
Confirmation statement made on 4 May 2018 with updates
Confirmation statement made on 15 September 2017 with updates
Appointment of Mr. Hiten Ashvinbhai Bhatt as a director on 14 September 2017
Resolutions
Confirmation statement made on 1 July 2017 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 1 July 2016 with updates

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