Wellington Insulation Co Ltd
00914036
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 01/11/2025
Due 15/11/2026
Industry
Officers
director · Since 04/12/1991
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 77
Also on 1 other board
secretary · Since 18/04/2022
Persons with Significant Control
Mr Drew Nathan Smith
British · England · Age 40
Unit B2, Telford, TF7 4NX
Notified 06/04/2016
Charges2 outstanding
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 45+ SIC 38220 peers70
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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
Outstanding charges: -10 pts
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
£356k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£140k
Working capital
Current Assets
£192k
Current Liabilities
£56k
Fixed Assets
£224k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.41 | +£41k |
| 2023 | 2.12 | +£55k |
| 2022 | 2.09 | +£26k |
| 2021 | 1.85 | +£31k |
| 2020 | 1.58 | +£11k |
| 2019 | 0.91 | +£67 |
Derived from filed accounts. Not audited figures.