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Western Welding & Engineering Company Limited

00509386

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

18 MARINE PARADE, PENARTH, CF64 3BE
Incorporated 30/06/1952

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Mark Donovan

director · Since 04/06/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Persons with Significant Control

Mr Mark Donovan

right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 65

18, Marine Parade, Penarth, CF64 3BE

Notified 01/06/2016

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 16/05/1983Registered 17/05/1983Satisfied 02/03/1994
charge
satisfied

LLOYDS BANK PLC

Created 14/12/1960Registered 10/01/1961Satisfied 02/03/1994

CompanyRankvs 1272+ SIC 99999 peers
78

Financial strength93th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£186k

Current Liabilities

£160k

Debtors

£186k

1avg. employees

Tax at Year End(2019)

Dividends paid£140k

Balance Sheet

Assets less current liabilities£26k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16+£0
20231.16+£0
20221.16+£0
20211.16+£0
20201.16-£674
20191.13

Derived from filed accounts. Not audited figures.