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Leeds Welding Company Limited(The)

00388598

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

WESTLAND SQUARE, LEEDS, LS11 5SS
Incorporated 06/07/1944

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/06/2026

Due 18/06/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Timothy Paul Archer

director · Since 10/12/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Mr Timothy Paul Archer

secretary · Since 12/01/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Richard Graham Eaglen

director · Since 16/11/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Geoff Scott Almond

director · Since 10/10/2012

FINANCE DIRECTOR

CANADIAN,BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Lee Richard Noyland

director · Since 01/12/2014

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Ian Verity

director · Since 03/01/2017

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Timothy Paul Archer

50–75% shares

British · England · Age 64

Westland Square, Leeds, LS11 5SS

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 01/02/2017Registered 13/02/2017
charge
outstanding

LLOYDS TSB BANK PLC

Created 30/11/2006Registered 05/12/2006
charge
satisfied

HSBC BANK PLC

Created 23/01/2006Registered 23/01/2006Satisfied 21/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/1998Registered 08/05/1998Satisfied 21/05/2008
charge
satisfied

GRIFFIN FACTORS

Created 04/11/1996Registered 07/11/1996Satisfied 21/05/2008
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 04/12/1995Registered 08/12/1995Satisfied 21/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/01/1995Registered 20/01/1995Satisfied 21/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/12/1994Registered 23/12/1994Satisfied 21/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 25/09/1978Registered 05/10/1978Satisfied 21/05/2008
charge
outstanding

NATIONAL PROVINCIAL BANK LTD

Created 16/02/1955Registered 22/02/1955

CompanyRankvs 1403+ SIC 32990 peers
61

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Outstanding charges: -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 concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£16.8M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£236k

Cash in the bank

Profit Before Tax

£792k

Bottom line earnings

Net Current Assets

£883k

Working capital

Current Assets

£5.3M

Current Liabilities

£4.4M

Fixed Assets

£2.1M

Debtors

£3.0M

Cost of Sales

£13.1M

Gross Profit

£3.7M

Admin Expenses

£2.9M

Operating Profit

£830k

Profit After Tax

£669k

123avg. employees-6

Tax at Year End

Corp tax£178k
Dividends paid£505k

People Costs

Wages & salaries£3.9M
NI contributions£405k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.20+£165k
20211.15

Derived from filed accounts. Not audited figures.