# WECONNECT DIRECT LIMITED (11431024)

> WECONNECT DIRECT LIMITED is an active private limited company (company number 11431024) incorporated on 25 June 2018, registered in Thatcham. Its registered activity is wholesale of electronic and telecommunications equipment and parts (SIC 46520). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£49k and cash of £69k, with 1 employee on average. Net assets fell 491% on the prior period (£12k).

- Status: Active
- Incorporated: 2018-06-25
- Registered office: Thatcham, RG19 6AE
- SIC 46520: Wholesale of electronic and telecommunications equipment and parts
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-07-09
- Accounts type: SMALL

By net assets it sits in the bottom quarter of 76 comparable companies in Reading (median £3,770, upper quartile £283k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£49k | £69k | £202k | £392k | — | — | 1 |
| 2023-12-31 | £12k | £18k | £1,382 | £61k | — | — | 1 |

current ratio 0.82; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-48,816 at 31 December 2024
- Net assets down 25% or more on the prior period: -490.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.82
- Cash at bank of £50,000 or more: Cash £69,268
- Incorporated five or more years ago: Incorporated 25 June 2018
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr. Jianjun Zhao — has significant influence or control, since 2019-07-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11431024
HTML: https://firmoscan.com/company/11431024-weconnect-direct-limited