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Mercian Weldcraft Limited

00999132

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

STUBBERS GREEN ROAD, WEST MIDLANDS, WS9 8BN
Incorporated 07/01/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Alan Clive Williams

director · Since 30/03/2006

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Steven John Williams

director · Since 30/03/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Jonathon Stephen Horton

director · Since 01/04/2025

DESIGN ENGINEER

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mercian Weldcraft Trustees Limited

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Mercian Weldcraft, Stubbers Green Road, Walsall, WS9 8BN

Reg: 16347845 · Registrar Of Companies England And Wales · Company Limited By Guarantee

Notified 01/04/2025

Charges1 outstanding

Charge
outstanding

ALAN CLIVE WILLIAMS · JONATHAN NEIL WILLIAMS · STEVEN JOHN WILLIAMS

Created 01/04/2025Registered 02/04/2025
charge
satisfied

MIDLAND BANK PLC

Created 28/06/1996Registered 10/07/1996Satisfied 05/03/2025
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1993Registered 04/02/1993Satisfied 05/03/2025
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1993Registered 04/02/1993Satisfied 05/03/2025
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1993Registered 04/02/1993Satisfied 05/03/2025
charge
satisfied

MIDLAND BANK PLC

Created 17/05/1988Registered 23/05/1988Satisfied 05/03/2025
charge
satisfied

MIDLAND BANK PLC

Created 26/04/1976Registered 29/04/1976Satisfied 05/03/2025

CompanyRankvs 236+ SIC 25990 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£3.9M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£4.3M

Current Liabilities

£800k

Fixed Assets

£460k

Debtors

£1.1M

20avg. employees

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.41+£1.4M
20244.63+£468k
20233.41+£889k
20222.43-£250k
20215.50-£26k
20205.23

Derived from filed accounts. Not audited figures.