UK Companies House feature
CWG MARKETS LTD
Cash
£114K
+12% vs 2023
Net assets
£747K
+23.2% vs 2023
Employees
3
0% vs 2023
Profit before tax
£60K
+135.6% vs 2023
Profile
- Company number
- 08888720
- Status
- Active
- Incorporation
- 2014-02-12
- Last accounts made up
- 2024-02-29
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Profit before tax
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2024-02-29
| Metric | Trend | 2019-02-28 | 2020-02-28 | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | -£169,742 | £60,475 | |
| Net profit | — | — | — | — | -£169,742 | £60,475 | |
| Cash | — | — | — | — | £101,872 | £114,115 | |
| Total assets less current liabilities | — | — | — | — | £606,883 | £747,431 | |
| Net assets | — | — | — | — | — | — | |
| Equity | £1,269,742 | £741,891 | £352,086 | £698,651 | £606,883 | £747,431 | |
| Average employees | — | — | — | — | 3 | 3 | |
| Wages | — | — | — | — | £78,000 | £262,289 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Fisher, Sassoon & Marks
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Material uncertainty relating to going concern: We draw attention to Note 1.2 to the financial statements concerning the company's ability to continue as a going concern. As stated in the note, the company is dependent on the shareholder injecting additional share capital to enable the company to comply with its regulatory capital requirement. This condition indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern should that support be withdrawn, our opinion is not modified in respect of this matter.”
Subsidiaries
- CWG Markets Ltd, (Vanuatu) · Vanuatu
- CWG Markets Ltd, (Saint Vincent and the Grenadines) · St. Vincent and the Grenadines
Significant events
- “Subsequent to the year end, the company issued 286,229 ordinary shares of £1 each to provide additional working capital.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KOH, Patrick Joon Leong | Director | 2019-03-01 | Jun 1974 | Singaporean |
| WANG, Yan | Director | 2022-12-07 | Jun 1988 | Chinese |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASFORIS, Perry Ernest | Director | 2017-06-28 | 2018-11-12 |
| JACKSON, Mark William Pendry | Director | 2017-06-28 | 2019-05-23 |
| KAHAN, Barbara | Director | 2014-02-12 | 2017-01-31 |
| LAWRENCE, Martin David | Director | 2018-11-01 | 2019-10-09 |
| ROSS, Jeffrey Simon | Director | 2017-01-31 | 2017-03-16 |
| TURNER-ROSS, Jeffrey Simon | Director | 2023-07-05 | 2024-01-24 |
| WANG, Yan | Director | 2019-07-04 | 2022-02-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miss Yan Wang | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-01-31 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-06-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-17 | SH01 | capital | capital allotment shares |
| 2024-12-11 | AA | accounts | accounts with accounts type full |
| 2024-10-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-10 | SH01 | capital | capital allotment shares |
| 2024-03-27 | AA | accounts | accounts with accounts type full |
| 2024-03-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-03-06 | SH01 | capital | capital allotment shares |
| 2024-01-24 | TM01 | officers | termination director company with name termination date |
| 2024-01-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-24 | SH01 | capital | capital allotment shares |
| 2023-09-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-14 | SH01 | capital | capital allotment shares |
| 2023-08-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-05 | AP01 | officers | appoint person director company with name date |
| 2023-02-22 | DISS40 | gazette | gazette filings brought up to date |
| 2023-02-21 | AA | accounts | accounts with accounts type full |
| 2023-01-31 | GAZ1 | gazette | gazette notice compulsory |
| 2022-12-07 | AP01 | officers | appoint person director company with name date |
| 2022-09-30 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory