WORK AREA LIMITED

Company number 07467851 · Active

WORK AREA LIMITED is a private limited company registered in BANBURY, United Kingdom, incorporated on 13 Dec 2010. Its registered activity is wholesale of other office machinery and equipment. Its latest published accounts for the period ending 31 Dec 2025 show equity of £115k, total assets of £126k. It has filed 6 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Industry1.7×46 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Equity change ÷ assets1.5×0–0.113215 · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Region0.3×OX · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 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
07467851 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
13 Dec 2010 (16 years)
Registered address
OX16 9EA BANBURY
Postcode area
Oxford
Activity
46660 Wholesale of other office machinery and equipment
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Sep 2026– –£115k£126k £11k–1
31 Dec 202415 Sep 2025– –£112k£119k £7,505–1
31 Dec 202315 Sep 2024– –£108k£125k £16k–1
31 Dec 202115 Sep 2022– –£61k£107k £43k–1
31 Dec 202015 Sep 2021– –£35k£53k £16k–1
31 Dec 201915 Sep 2020– –£25k£43k £13k–1

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

Similar companies in Oxford

Questions about WORK AREA LIMITED

What is the company number of WORK AREA LIMITED?

WORK AREA LIMITED is registered under company number 07467851 in the official register of United Kingdom. View it at the official register.

Is WORK AREA LIMITED still active?

Yes. WORK AREA LIMITED is registered as active (status: Active).

Has WORK AREA LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WORK AREA LIMITED in the official data.

How likely is WORK AREA LIMITED to become insolvent?

Our model estimates a 0.01 % probability that WORK AREA LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was WORK AREA LIMITED founded?

WORK AREA LIMITED was incorporated on 13 Dec 2010.

Where is WORK AREA LIMITED registered?

WORK AREA LIMITED's registered address is in OX16 9EA BANBURY (Oxford), United Kingdom.

What do the latest accounts of WORK AREA LIMITED show?

The latest published accounts (period ending 31 Dec 2025) show equity of £115k, total assets of £126k, 1 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.