# WPAS BIDCO LIMITED (12467124)

> WPAS BIDCO LIMITED is an active private limited company (company number 12467124) incorporated on 17 February 2020, registered in London. Its registered activity is activities of other holding companies n.e.c. (SIC 64209). Latest group accounts cover the period ending 28 February 2025, showing net assets of −£1.57m and cash of £135k, with 2 employees on average. Net assets fell 97% on the prior period (−£799k).

- Status: Active
- Incorporated: 2020-02-17
- Registered office: London, E1W 9US
- SIC 64209: Activities of other holding companies n.e.c.
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-03
- Accounts type: GROUP

By net assets it sits in the bottom quarter of 11,452 comparable companies in London (median £100, upper quartile £78k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£1.57m | £135k | £687k | £70k | — | −£774k | 2 |
| 2024-02-29 | −£799k | £448k | £645k | £67k | — | −£518k | 2 |
| 2023-03-01 | — | — | — | — | — | — | — |

current ratio 11.79; size band micro.

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

- Net assets below zero: Net assets £-1,573,081 at 28 February 2025
- Net assets down 25% or more on the prior period: -96.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 11.79
- Cash at bank of £50,000 or more: Cash £134,916
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 17 February 2020

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

## Persons with significant control

- Bakeline Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-02-17
- Asep Co-Invest I Lp (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-02-28

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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/12467124
HTML: https://firmoscan.com/company/12467124-wpas-bidco-limited