118 FOUNDATIONS LIMITED

Company number 06046412 · Active

118 FOUNDATIONS LIMITED is a private limited company registered in WIGAN, United Kingdom, incorporated on 9 Jan 2007. Its registered activity is test drilling and boring. Its latest published accounts for the period ending 31 Jan 2026 show equity of £24k, total assets of £23k. It has filed 7 sets of accounts, 1 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Industry2.0×43 · 0.23 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Region0.6×WN · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
06046412 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Jan 2007 (20 years)
Registered address
WN2 4SB WIGAN
Postcode area
Wigan
Activity
43130 Test drilling and boring
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202627 Oct 2026– –£24k£23k £47k–2
31 Jan 202515 Oct 2025– –£36k£38k £74k–2
31 Jan 202415 May 2024– –£7,666£39k £47k–2
31 Jan 202315 May 2023– –£6,828£26k £33k–2
31 Jan 202215 Oct 2022– –£199£55k £55k–1
31 Jan 202115 Oct 2021– –£11k£87k £74k–2
31 Jan 202015 Feb 2021– –£2,859£17k £19k–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Wigan

Questions about 118 FOUNDATIONS LIMITED

What is the company number of 118 FOUNDATIONS LIMITED?

118 FOUNDATIONS LIMITED is registered under company number 06046412 in the official register of United Kingdom. View it at the official register.

Is 118 FOUNDATIONS LIMITED still active?

Yes. 118 FOUNDATIONS LIMITED is registered as active (status: Active).

Has 118 FOUNDATIONS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for 118 FOUNDATIONS LIMITED in the official data.

How likely is 118 FOUNDATIONS LIMITED to become insolvent?

Our model estimates a 0.03 % probability that 118 FOUNDATIONS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was 118 FOUNDATIONS LIMITED founded?

118 FOUNDATIONS LIMITED was incorporated on 9 Jan 2007.

Where is 118 FOUNDATIONS LIMITED registered?

118 FOUNDATIONS LIMITED's registered address is in WN2 4SB WIGAN (Wigan), United Kingdom.

What do the latest accounts of 118 FOUNDATIONS LIMITED show?

The latest published accounts (period ending 31 Jan 2026) show equity of £24k, total assets of £23k, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.