WIMPROP LIMITED
Company number 06380860 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Financial Health Assessment for WIMPROP LIMITED
Disclaimer: This assessment is based solely on the company data provided, which does not include filed financial statements (e.g., balance sheet, profit and loss account). A complete quantitative analysis is therefore not possible. The following findings are derived from available regulatory and structural indicators.
1. Financial Health Score: C (Conditional)
Explanation: The company receives a provisional grade of C because it is active and fully compliant with filing deadlines (no overdue accounts or confirmation statements), which are positive baseline signs. However, the share capital is only £1 – a very thin equity cushion – and the restaurant sector (SIC 56101) is known for tight margins and high cash-flow sensitivity. Without access to the actual accounts (turnover, profit, liquidity, debt levels), we cannot confirm the company’s true financial resilience. The presence of a single corporate shareholder (Famous Brands UK Ltd owning >75%) may provide group support, but it also introduces dependency risk. Overall, the patient is “conscious and compliant” but needs a full set of vital signs before a robust diagnosis can be made.
2. Key Vital Signs
| Vital Sign | Status | Interpretation |
|---|---|---|
| Filing Compliance | ✅ Healthy | Accounts and confirmation statement are up to date; no overdue filings. This suggests good administrative health and awareness of statutory duties. |
| Capital Buffer | ⚠️ Fragile | Share capital is £1.00. In medical terms, this is a very low “blood volume” – minimal equity to absorb losses or fund growth. The company likely relies on retained profits or intercompany loans. |
| Ownership Structure | 🟢 Stable but concentrated | A single corporate PSC controls >75% of shares. This can provide financial backing and strategic direction, but also means the company’s fate is closely tied to the parent’s health. |
| Liquidity | ❓ Unknown | No data on current assets or liabilities. Without this, we cannot assess short-term solvency – the equivalent of not knowing the patient’s pulse. |
| Profitability | ❓ Unknown | No profit and loss figures. We cannot tell if the business is generating a surplus or eroding capital. |
| Industry Risk | ⚠️ Elevated | Licensed restaurants (SIC 56101) are capital-intensive, with high fixed costs and seasonal cash flows. Many operate on thin margins, making them vulnerable to economic shocks. |
3. Diagnosis
Overall Condition: “Clinical Observation Required”
From a regulatory perspective, WIMPROP LIMITED is in good standing – it is active, not in liquidation, and its filings are current. These are the equivalent of a patient being awake and responsive.
However, several symptoms of potential vulnerability are present:
- Low share capital acts like a small reserve tank. If the company suffers a loss or a sudden cash shortfall, there is very little equity to absorb the impact.
- Industry headwinds: The restaurant sector has a high failure rate, especially in the first few years. Even established operators can struggle with rent, food costs, and staffing. Without seeing the accounts, we cannot rule out “financial anaemia” (low working capital) or “arterial blockage” (poor cash conversion).
- Single-point dependency: A >75% corporate owner means that if the parent entity faces distress, WIMPROP could be starved of support or even drained of resources.
On the positive side, the company has been active since 2007 (incorporation date 2007-09-25), so it is not a start-up. This long track record suggests it has survived multiple economic cycles, which is a sign of underlying resilience – a strong “immune system”.
Prognosis:
Without financial data, the outlook is uncertain. If the company is trading profitably and maintains adequate liquidity (which is common for a well-run restaurant of this age), the prognosis is favourable. If it is overtrading or has accumulated debt, the prognosis could be guarded. The next set of filed accounts (due by 30 November 2027) will be critical to confirm.
4. Recommendations
To move from “observation” to a clear diagnosis, the following actions are advised:
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Obtain and review the latest filed accounts from Companies House. Focus on: - Turnover and gross profit margin – are revenues covering costs? - Net current assets (working capital) – is there enough liquidity to pay bills on time? - Net assets and shareholders’ funds – is the company solvent and building equity? - P&L reserve – has the company retained profits or accumulated losses?
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Monitor cash flow closely, especially given the restaurant industry’s seasonality. Prepare a 13-week cash flow forecast to identify any pinch points.
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Strengthen the capital base by either: - Retaining profits (if available) rather than distributing them. - Injecting additional share capital or converting intercompany loans into equity.
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Review the relationship with the parent company (Famous Brands UK Ltd) to ensure: - Any intercompany loans are on commercial terms and documented. - The subsidiary is not being used as a “cash cow” that drains its resources.
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Stress-test the business against a 20% drop in revenue (common in restaurant downturns). Would the company survive for three months without new sales? If not, build a cash reserve.