The Firmwatch take
By Wright Group Ltd is a 7-year-old other manufacturing, active on the Companies House register. The latest filed accounts (year to 31 December 2023) show £1k in net assets, with 2 cautionary signals worth monitoring. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
2 public risk events on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
8 November 2018
7 years on the register
Sector
Repair and installation of machinery and equipment
SIC 33170 · matched to division
Size
Not classified
Net assets
£1k
£1,000
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
39/100
watch risk
Estimated public-data value
£750 - £1,350
medium confidence - net asset range
Sector comparison
Sector: Other Manufacturing
Sample: 18 companies
Negative net assets: 33.3%
- Net assets vs sector median
- £999
- Working capital vs sector median
- £8,932
- Sector median current ratio
- 0.71
Thin net asset buffer
The company reports a small visible net asset position.
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
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£20,946
Current liabilities
Amounts due within one year (short-term creditors).
£29,878
Working capital
Current assets minus current liabilities.
£8,932
Fixed assets
Long-term tangible and intangible assets.
£21,746
Total assets less current liabilities
Fixed assets plus working capital.
£12,814
Net assets
What's left after liabilities are deducted from assets.
£1,000
Equity (capital & reserves)
Shareholder funds.
£1,000
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.