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Wellquest Ltd·10893367

Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.

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Wellquest Ltd

WELLQUEST LTD·Company no. 10893367·United Kingdom

Active on the registerInc. 2017 · 8 yrs oldPrivate Limited CompanySIC 68209·Other letting and operating of own or leased real estate

The Firmwatch take

Wellquest Ltd is a 8-year-old real estate, active on the Companies House register. The latest filed accounts (year to 31 August 2024) show GBP 124k in net assets, with 3 cautionary signals worth monitoring. No insolvency or strike-off filings appear in our public Companies House and Gazette data.

Refreshed 24 May 2026

Incorporated

1 August 2017

8 years on the register

Sector

Other letting and operating of own or leased real estate

SIC 68209

Size

Not classified

 

Net assets

£124k

Top 10% in sector

Cash at bank

Not disclosed

Not required for this filing type

Latest filing

None yet

 

Financial snapshot

WatchYear ending 31 Aug 2024

£124,409

The filing includes a signal worth monitoring. This headline uses extracted Companies House accounts data, not private credit bureau information.

From Companies House filing for year ending 31 Aug 2024, imported 24 May 2026.

Source-backed indicators, not a credit decision.

Net assets

What is left after liabilities are deducted from assets.

£124,409

Working capital

Short-term assets minus short-term liabilities.

-£1,012,651

Current assets

Assets expected to turn into cash within the next year.

£21,777

Current liabilities

Amounts due within one year, including short-term creditors.

£1,034,428

Current ratio

Current assets divided by current liabilities. Above 1.0 is usually easier to fund.

0.02

info

Positive net assets

The latest filed accounts show assets exceeding liabilities.

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Negative working capital

Current liabilities exceed current assets in the extracted accounts.

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Current ratio below 1.0

Current assets are lower than current liabilities in the extracted accounts.

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Old public accounts

The latest extracted accounts period is more than 18 months old.

Get alerted when these accounts change Monitor this company

Analytics

Risk, value and sector comparison

Insolvency risk

49/100

elevated risk

Estimated public-data value

£93,307 - £167,952

medium confidence - net asset range

Sector comparison

Sector: Real Estate

Sample: 248,722 companies

Negative net assets: 23.7%

Net assets vs sector median
£123,364
Working capital vs sector median
-£1,012,651
Sector median current ratio
0.49
  • Positive net assets

    The latest extracted accounts show assets exceeding liabilities.

  • Negative working capital

    Short-term liabilities are higher than short-term assets in the public balance sheet.

  • Weak current ratio

    Current assets are less than 75% of current liabilities.

  • Accounts are ageing

    The latest extracted accounts period is more than 21 months old.

Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.

Balance sheet

Full extracted balance sheet

Top 10% in sector · Sector medians shown for 248,722 filers in this sector (2024).

  • Cash at bank

    Bank balances disclosed in the public accounts.

    Not disclosed

  • Current assets

    Assets expected to turn into cash within one year.

    £21,777

  • Current liabilities

    Amounts due within one year (short-term creditors).

    £1,034,428

  • Working capital

    Current assets minus current liabilities.

    -£1,012,651

    Median £0

  • Fixed assets

    Long-term tangible and intangible assets.

    £1,880,000

  • Total assets less current liabilities

    Fixed assets plus working capital.

    £867,449

  • Net assets

    What's left after liabilities are deducted from assets.

    £124,409

    Median £1k

  • Equity (capital & reserves)

    Shareholder funds.

    £124,409

  • Current ratio

    Current assets divided by current liabilities. Above 1.0× is usually easier to fund.

    0.0×

    Median 0.5×

Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.

Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.

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© Firmwatch · Data sourced from Companies House under the Open Government Licence v3.0Last refresh · 24 May 2026