Wec Machining Ltd
00353015
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 27/05/2026
Due 10/06/2027
Industry
Officers
director · Since 30/04/2010
WELDER
BRITISH · ENGLAND · Age 70
Also on 21 other boards
Persons with Significant Control
Wec Group Holdings Limited
Britannia House, Junction Street, Darwen, BB3 2RB
Reg: 11324003 · Uk Companies House · Private Limited Company
Notified 28/03/2019
Former PSCs
Burnhart Holdings Ltd
Ceased 28/03/2019
Charges0 outstanding
COMERICA BANK
COMERICA BANK, N.A.
LLOYDS BANK PLC
CompanyRankvs 844+ SIC 25620 peers71
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£666k
Balance sheet strength
Cash
£161k
Cash in the bank
Net Current Assets
-£71k
Working capital
Current Assets
£2.2M
Current Liabilities
£2.3M
Fixed Assets
£1.9M
Debtors
£1.7M
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.97 | +£366k |
| 2023 | 0.73 | — |
Derived from filed accounts. Not audited figures.