Welch'S Transport Limited
00343359
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/04/2026
Due 18/04/2027
Industry
Officers
James Neville Welch
secretary
British
Christopher Neville Welch
director · Since 04/06/2017
English
David Robert Welch
director · Since 06/04/2024
British
James Neville Welch
director
British
Former
Anthony Gordon Welch
director · Resigned 26/06/2020
Gordon Nevil Welch
director · Resigned 17/04/2004
Roger Neville Welch
director · Resigned 09/04/2008
CompanyRankvs 17390+ SIC 49410 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£15.0M
Annual revenue
Net Worth
£3.1M
Balance sheet strength
Cash
£876k
Cash in the bank
Profit Before Tax
£192k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£4.0M
Current Liabilities
£2.3M
Fixed Assets
£1.5M
Debtors
£2.8M
Cost of Sales
£11.8M
Gross Profit
£3.2M
Admin Expenses
£3.4M
Operating Profit
£175k
Profit After Tax
£146k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.77 |
Derived from filed accounts. Not audited figures.