WECOLLECT (LONDON) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  0%

  £14,400 → £14,400

• Cash

  -4.9%

  £504,139 → £479,616

• Net assets

  -9.8%

  £397,526 → £358,702

• Employees

  —

  Not reported

• Profit before tax

  -15.8%

  -£33,540 → -£38,824

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future and will be able to meet its liabilities as they fall due. Based on this ongoing support and the directors' assessment of future prospects, the financial statements have been prepared on a going concern basis.”

Significant events

• “Q3 2024 ended with the departure of Roger Bach, the long-standing director of the Company, who decided to retire on 30 September 2024.”
• “In Q4 2024, the Company began reassessing its business plan and addressing key operational challenges required to support the expansion of its currently limited trading activities. As part of this initiative, the Company is preparing to launch multicurrency IBANs with both SWIFT and SEPA capabilities, along with integrated foreign exchange (FX) services.”
• “On 21 July 2025 the company allotted further share capital of 130,000 ordinary shares of £1 each for cash.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.