WI-Q LIMITED

STUDIO 1.19 ONE SILK STREET, ANCOATS URBAN VILLAGE, MANCHESTER, M4 6LZ

Company Number: 09209151
Incorporation date: 09-Sep-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
61200 Wireless telecommunications activities

SUMMARY

This company is 9.6 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 2.4 million which has increased from GBP 642.4 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -1.5 million in the last reported period. Retained earnings is negative (GBP -4.2 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 5 active officers (directors or partners) who are or were officers of 59 other companies, 23 (39.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Jun-2024
Accounts Filed: SMALL (30-Sep-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Sep-2022	GBP	1,905,389	2,149,346	614,799	25,163	55,922	6,536,068	-4,202,891	2,389,099
30-Sep-2021	GBP	120,673	331,177	562,994	34,033	52,419	3,246,080	-2,656,108	642,391
30-Sep-2020	GBP	66,942	272,358	85,605	330,583	48,516	2,814,814	-2,117,000	746,330
30-Sep-2019	GBP	230,433	420,808	41,531	707,033	42,329	2,192,898	-1,831,703	403,524
30-Sep-2015	GBP	418,157	488,127	109,947	87,600	27,546	497,273	-202,764	322,055

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Sep-2022	GBP	6.26%	3,293,491	49,283,901	52,577,392	49,947,213
30-Sep-2021	GBP	7.45%	435,169	5,409,341	5,844,510	5,715,426
30-Sep-2020	GBP	12.75%	628,103	4,297,232	4,925,335	4,981,404
30-Sep-2019	GBP	34.92%	1,710,408	3,187,100	4,897,508	4,115,325

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)

No information on secretary appointments

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Andrew REDMOND	01 Sep 2022		Director	British	7 - 38	23 (51.1%)
Active	Paul William JOHNSON	01 Sep 2022		Company Director	British	4 - 6	2 (20.0%)
Resigned	Dion Adam BUCHBINDER	01 Sep 2022	02 Jul 2023	Chief Commercial Officer	Australian,Polish	1 - 1	0 (0.0%)
Active	Samuel Christopher FLEMING	12 Mar 2021		Chief Technical Officer	British	1 - 0	0 (0.0%)
Active	Patience TUCKER	10 Aug 2020		Chief Executive Officer	British	5 - 0	0 (0.0%)
Resigned	Graham Dennis CORNHILL	01 Jul 2015	22 Feb 2023	Chairman	British	3 - 15	12 (66.7%)
Active	Stuart Paul BARNETT	09 Sep 2014		Director	British	4 - 8	4 (33.3%)

Number of active directors: 5
Average tenure of active directors: 3.9 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 20.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Andrew REDMOND	Paul William JOHNSON	Samuel Christopher FLEMING	Patience TUCKER	Stuart Paul BARNETT
FORMBY GOLF CLUB LIMITED (00461249) - Active		✔
L.C. (ESTATES & FINANCE) LIMITED (01023568) - Active	✔
LONGTON FINANCE LIMITED (01096598) - Dissolved	✔
L. REDMOND (SERVICES) LIMITED (01264042) - Active	✔
L.C. PROPERTIES (NORTHERN) LIMITED (01447296) - Active	✔
MPP GLOBAL SOLUTIONS LTD (03951843) - Active		✔
NETWORK DIGITAL MARKETING LIMITED (04009390) - Active	✔
DEBT FREE DIRECT LIMITED (04160038) - In Administration	✔
BARCOM SERVICES LIMITED (04418030) - Dissolved					✔
FAIRPOINT GROUP PLC (04425339) - In Administration	✔
LAWRENCE CHARLTON LIMITED (04992828) - Active	✔
BIDME.COM LIMITED (05337278) - Active	✔
DFD MORTGAGES LIMITED (05375343) - Active	✔
CLEAR START UK LIMITED (05384991) - Active	✔
THE DEBT ADVICE & MONEY SOLUTIONS GROUP LIMITED (05479918) - Dissolved	✔
DEBT FREE DIRECT (AUSTRALIA) LIMITED (05817103) - Dissolved	✔
DEBT ADVICE TRUST LIMITED (06232066) - Active	✔
ADLINGTON HOUSE LIMITED (06371812) - Active	✔
UP AND UP GROUP PLC (06373868) - Dissolved	✔
GREEN DAYS LIMITED (06386755) - Dissolved		✔
ICOMMERCE SOLUTIONS LIMITED (06469531) - Dissolved		✔
CLEAR START PARTNERSHIPS LIMITED (06563333) - Active	✔
ETERNITAS (LP) LIMITED (06670035) - Dissolved	✔
ETERNITAS (GP) LIMITED (06671609) - Dissolved	✔
FAST TRAK SOLUTIONS LIMITED (06676820) - Dissolved	✔
ETERNCO 1 LIMITED (06769894) - Dissolved	✔
INTERRISK SOLUTIONS LTD (06934378) - Active - Proposal to Strike off	✔
B8 SOLUTIONS LIMITED (07076059) - Active					✔
INTELLIGENT CALL COMPANY LIMITED (07230432) - Dissolved	✔
A REDMOND SERVICES LIMITED (07257179) - Active	✔
TECH-CLUB LIMITED (07497891) - Active - Proposal to Strike off					✔
RENOVER LIMITED (07701233) - Dissolved	✔
BOUNDLESS COMMUNICATIONS HOLDINGS LIMITED (07779178) - Active	✔
REDOAK SUPPORT LIMITED (07848978) - Liquidation	✔
B8 AUTO LTD (07986174) - Active					✔
PROMPTZ LTD (07991695) - Dissolved					✔
DASH FINANCIAL LIMITED (08023057) - Liquidation	✔
DEBT ADVICE FOUNDATION (08039416) - Active	✔
FOREFRONT DIGITAL LTD (08743979) - Active					✔
MPP GLOBAL LIMITED (08760614) - Active		✔
GIFTTREES PARTNERS LIMITED (08887943) - Active	✔
FLUID BUSINESS SOLUTIONS LTD (09120162) - Active		✔
WI-Q LIMITED (09209151) - Active	✔	✔	✔	✔	✔
KUDOCS LIMITED (09611371) - Active					✔
SKIDL LIMITED (09793527) - Active	✔
ASDH FINANCE LIMITED (09876156) - Active	✔
NUMITRADER LIMITED (09907453) - Dissolved					✔
EPOS LITE LTD (09971776) - Active				✔	✔
REGAPP LTD (10228240) - Active					✔
WI-Q TECHNOLOGIES LIMITED (10452904) - Active				✔	✔
FERN & COCO LIMITED (10601227) - Active				✔
MELBOURNE FUNDING LTD (10766960) - Active	✔
MI-ROOM LIMITED (10823033) - Active				✔
SUSTAINABLE MEETINGS LTD (11889440) - Active - Proposal to Strike off	✔
LONGHORN PUBS LIMITED (12307630) - Active - Proposal to Strike off	✔
CARBON FREE DINING (12441291) - Active - Proposal to Strike off	✔
ROSE & CROWN PROPERTIES LIMITED (12961611) - Active	✔
ASTCT 2021 LTD (13213970) - Active	✔
MPP GLOBAL SOLUTIONS INCORPORATED (FC032566) - Active		✔
MPP GLOBAL SOLUTIONS KK (FC035968) - Active		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr Graham Dennis Cornhill - ceased
Significant influence or control:Mr Stuart Paul Barnett - active

Controlling entities above

WI-Q LIMITED

Controlled companies below

>75%:WI-Q TECHNOLOGIES LIMITED (10452904 - UK) active
>75%:EPOS LITE LTD (09971776 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 61200 Wireless telecommunications activities)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
TELEFONICA UK LIMITED	500 BROOK DRIVE, READING, UNITED KINGDOM, RG2 6UU	01743099	2017-12-31	5,471,000,000	416,000,000	61900-Other telecommunications activities
HUTCHISON 3G UK LIMITED	450 LONGWATER AVENUE, GREEN PARK, READING, BERKSHIRE, ENGLAND, RG2 6GF	03885486	2017-12-31	2,357,044,000	358,285,000
ARRIS GLOBAL LTD.	12 NEW FETTER LANE, LONDON, UNITED KINGDOM, EC4A 1JP	01672847	2017-12-31	1,825,600,000	169,000,000	61300-Satellite telecommunications activities 61900-Other telecommunications activities
ERICSSON LIMITED	14TH FLOOR, THAMES TOWER, STATION ROAD, READING, BERKSHIRE, ENGLAND, RG1 1LX	00942215	2017-12-31	404,128,000	73,461,000
ANGLIA TELECOM CENTRES LIMITED	MILTON GATE, 60 CHISWELL STREET, LONDON, UNITED KINGDOM, UNITED KINGDOM, EC1Y 4AG	02114602	2018-03-31	55,589,000	43,637,000
SIERRA WIRELESS (UK) LIMITED	BOSTON HOUSE,2A, BOSTON ROAD, HENLEY-ON-THAMES, ENGLAND, RG9 1DY	04172042	2017-12-31	4,698,521	0
MITECH CONSULTANTS LIMITED	WAINSCOT, HEATH ROAD, WARBOYS, HUNTINGDON, CAMBRIDGESHIRE, PE28 2UW	03928755	2018-03-31	2,958,850	0
ZENIC8 (EMEA) LIMITED	WAINSCOT HEATH ROAD, WARBOYS, HUNTINGDON, ENGLAND, PE28 2UW	09374943	2018-03-31	1,023,728	0
SPD CAD SERVICES LIMITED	UNITS 182/184, TOWER STREET, BRUNSWICK BUSINESS PARK, LIVERPOOL, ENGLAND, L3 4BJ	06856311	2018-03-31	700,665	0
COMMUNICATION AND TECHNICAL SERVICES LIMITED	17 PAGES WALK, LONDON, SE1 4SB	01926779	2018-03-31	586,542	0
HUMLEY LIMITED	THE STABLES (UNIT 5) MANOR FARM OLD ROAD, LAMPORT, NORTHAMPTON, NORTHAMPTONSHIRE, ENGLAND, NN6 9HF	09178026	2018-03-31	372,167	0	62011-Ready-made interactive leisure and entertainment software development 62020-Information technology consultancy activities
TARDIS PLC	FABER HOUSE,, EASTERN ROAD, ROMFORD, ESSEX, RM1 3PJ	03281207	2018-03-31	340,599	0
ORIGINAL TELECOMS LTD	ENTERPRISE HOUSE, 2-4 BALLOO AVENUE, BANGOR, CO.DOWN, BT19 7QT	NI052061	2017-10-31	245,578	0
SMART ANTENNA TECHNOLOGIES LIMITED	JAMES COWPER KRESTON 2 CHAWLEY PARK, CUMNOR HILL, OXFORD, ENGLAND, OX2 9GG	08482911	2018-03-31	220,910	0
PHAI SERVICES LIMITED	10 MANOR GARDENS, CHENEY MANOR, SWINDON, WILTSHIRE, ENGLAND, SN2 2ND	10439376	2018-05-04	143,997	0
TEECEE CONTRACTS LTD	44 HIGH STREET, CROUGHTON, BRACKLEY, ENGLAND, NN13 5LT	07942878	2018-02-28	123,889	0	62020-Information technology consultancy activities 62030-Computer facilities management activities 69202-Bookkeeping activities
DATA RADIO LIMITED	19 GUILD APPLETON LTD, 19 OLD HALL STREET, LIVERPOOL, UNITED KINGDOM, L3 9JQ	04780912	2017-08-31	113,759	0
RED MOBILE COMMUNICATIONS LIMITED	100 CHERRY TREE ROAD, BEACONSFIELD, ENGLAND, HP9 1BH	09407162	2019-01-31	103,184	0	62090-Other information technology service activities
CALLMASTER LIMITED	62 KINGS ROAD, KINGS ROAD, KINGSTON UPON THAMES, ENGLAND, KT2 5HS	01529705	2017-09-30	95,329	0
PERENNE LIMITED	1 THE CLOSE EUROPEAN SCHOOL, THAME LANE, CULHAM, ABINGDON, OXFORDSHIRE, UNITED KINGDOM, OX14 3DZ	05316692	2018-12-31	81,091	0	61300-Satellite telecommunications activities 62012-Business and domestic software development 62020-Information technology consultancy activities
TERABIT LIMITED	THE MALT HOUSE, WEST STREET, ALRESFORD, HAMPSHIRE, SO24 9AB	05177934	2018-03-31	68,634	0
STUART BROWNING LIMITED	55 HIGH STREET, WALSHAW, BURY, LANCASHIRE, ENGLAND, BL8 3AG	10195212	2018-05-31	68,100	0
BOE WALTON LTD.	348 HOWLANDS, WELWYN GARDEN CITY, HERTS, UNITED KINGDOM, AL7 4HD	10624364	2018-02-28	65,520	0	61900-Other telecommunications activities
OPTIMUM RF CONSULTING LIMITED	14 CAXTON APARTMENTS, 172 CABLE STREET, LONDON, ENGLAND, E1 0EY	06831432	2019-02-28	63,686	0
SMARTER MOBILE SOLUTIONS LTD	NORFOLK HOUSE, 50 BARTHOLOMEW STREET, NEWBURY, BERKSHIRE, RG14 5DU	08934495	2018-02-28	60,957	0
PRECISION MODELS AND PROJECTS LIMITED	7 THE CUTTING, BROCKHOLES, HOLMFIRTH, ENGLAND, HD9 7HL	07775885	2018-09-30	58,300	0	70229-Management consultancy activities other than financial management
DIVINEE SERVICES LIMITED	73 WATERSIDE, UXBRIDGE, ENGLAND, UB8 2LQ	09739483	2018-08-31	57,500	0
GINCEPTION SOFTWARE LTD	171 KINGSTON ROAD, TEDDINGTON, ENGLAND, TW11 9JP	08317391	2018-03-12	55,600	0	62012-Business and domestic software development 62020-Information technology consultancy activities
K JONES COMMS LTD	JUSTACCOUNTS, TYRONE HOUSE HAYDOCK LANE, HAYDOCK INDUSTRIAL ESTATE, HAYDOCK, ST. HELENS, MERSEYSIDE, WA11 9UY	09161846	2018-08-31	46,605	0
PO EVOLUTIONS LTD	111 PEPLINS WAY, BROOKMANS PARK, HATFIELD, HERTFORDSHIRE, AL9 7UT	08560630	2018-06-30	40,531	0
TECHR LTD	75 STANLEY HILL, AMERSHAM, BUCKINGHAMSHIRE, HP7 9HH	09358165	2018-12-31	35,430	0
CHLOE R BRICE LIMITED	30 C MANOR PARK, LONDON, UNITED KINGDOM, SE13 5RN	10552342	2018-01-31	32,469	0
RMCOMMERCE LTD	WHIMPLE STORES THE SQUARE, WHIMPLE, EXETER, ENGLAND, EX5 2SN	08376528	2019-01-31	32,000	0	62090-Other information technology service activities
GGK TECH LTD	20 MONET PLACE, AYLESBURY, BUCKS, UNITED KINGDOM, HP19 8SN	10166208	2019-05-31	31,188	0
BETA TELECOM LIMITED	TERRYS GREEN FARM MALTHOUSE LANE, EARLSWOOD, SOLIHULL, WEST MIDLANDS, ENGLAND, B94 5DU	01961174	2018-03-31	24,735	0
SWEDISH WIRELESS UK LTD	4385, 06665208 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH	06665208	2017-08-31	24,601	0	69201-Accounting and auditing activities 69202-Bookkeeping activities 69203-Tax consultancy
LTE TELECOM LTD	31 NORTHFIELD DRIVE, WOODSETTS, WORKSOP, UNITED KINGDOM, S81 8QF	10695288	2018-03-31	21,676	0
POSITION SYSTEMS LIMITED	4 ORCHARD COURT CHURCH STREET, CRONDALL, FARNHAM, SURREY, GU10 5QP	02474841	2019-03-31	17,275	0
PIRANHA MOBILE LTD	14 STAFFORD PLACE, LONDON, ENGLAND, SW1E 6NP	07669342	2018-06-30	8,575	0
SOLUTION IN MEDIA LTD	BEN COULL, ST. ANNES HOUSE, LONDON ROAD, HIGH WYCOMBE, BUCKINGHAMSHIRE, HP11 1EX	07838413	2018-11-30	8,460	0	61900-Other telecommunications activities 70210-Public relations and communications activities
DUFTON DIGITAL LTD	ORCHARD HOUSE, DUFTON, APPLEBY-IN-WESTMORLAND, CUMBRIA, CA16 6DF	08115761	2018-06-30	6,203	0	62020-Information technology consultancy activities
SMART GRID SOLUTIONS LTD	48 LINKSWAY DRIVE, BURY, LANCASHIRE, BL9 8EP	04718630	2018-04-30	3,000	0
WHITFIELDS CONSULTING LTD	20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU	09238109	2019-03-31	1,933	0	61900-Other telecommunications activities 62020-Information technology consultancy activities
SUNHILL TECHNOLOGIES LIMITED	41 GREAT PORTLAND STREET, LONDON, ENGLAND, W1W 7LA	07096619	2018-12-31	934	0
REN INDUSTRIES LTD	6 BOLINGBROKE ROAD, FLAT 2, LONDON, ENGLAND, W14 0AL	09893497	2017-11-30	417	0
PROCLAIM DIGITAL LIMITED	M6 STORAGE BOOST TOLLGATE DRIVE, TOLLGATE INDUSTRIAL ESTATE, STAFFORD, STAFFORDSHIRE, UNITED KINGDOM, ST16 3HS	10851818	2018-07-31	275	0	62020-Information technology consultancy activities 73110-Advertising agencies 85600-Educational support services
DBSD SERVICES LIMITED	5 ALDERMANBURY SQUARE, 13TH FLOOR, LONDON, ENGLAND, EC2V 7HR	03045294	2018-12-31	0	0	61300-Satellite telecommunications activities
GLOBAL INTERCONNECT LTD	16C COWAN DRIVE, COWAN DRIVE, LIVERPOOL, ENGLAND, L6 2PD	08511476	2019-04-30	0	0	62020-Information technology consultancy activities 85600-Educational support services
LANSDOWN CLOSE SERVICES LIMITED	77 FRENCHAY CLOSE, BRISTOL, ENGLAND, BS16 2QJ	04740286	2018-04-30	0	0
PERUSUS LIMITED	6 WAXHOUSE GATE, HIGH STREET, ST. ALBANS, ENGLAND, AL3 4EW	09807497	2018-05-04	0	0
RADIO FREQUENCY DESIGN LTD	FONTWELL FARM FONTWELL AVENUE, EASTERGATE, CHICHESTER, WEST SUSSEX, UNITED KINGDOM, PO20 3RU	10158705	2018-05-31	0	0
SAF CONSULT LIMITED	37 RIVERSIDE ROAD, SHOREHAM-BY-SEA, WEST SUSSEX, BN43 5RB	08258139	2018-10-31	0	0
SSG UK LIMITED	5 ALDERMANBURY SQUARE, 13TH FLOOR, LONDON, ENGLAND, EC2V 7HR	05562649	2018-12-31	0	0	61300-Satellite telecommunications activities
TF CONSULTING LTD	8 NEW HOUSE PARK, ST. ALBANS, HERTFORDSHIRE, AL1 1UB	08161931	2018-07-31	0	0
ERICSSON (HOLDINGS) LIMITED	C/O INTERPATH LIMITED 10, FLEET PLACE, LONDON, EC4M 7RB	00416828	0000-00-00	0	0
TELSTRA GLOBAL LIMITED	2ND FLOOR BLUE FIN, 110 SOUTHWARK STREET, LONDON, SE1 0TA	02818910	0000-00-00	0	0	61900-Other telecommunications activities

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
WI-Q LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	1.2%	5.7%	10.0%	Medium


Age	0.6%	2.5%	4.9%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.5%	1.5%	2.8%	Medium
Accounting Month	0.7%	4.4%	10.6%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium