Back to search

Welsted Joinery Limited

01429150

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SALTCOATS INDUSTRIAL ESTATE 31 CUTLERS RD, CHELMSFORD, CM3 5WA
Incorporated 13/06/1979

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

43320
Joinery installation

Officers

Mr Jeffery Welsted

director · Since 06/12/1991

BUILDER

BRITISH · ENGLAND · Age 73

Also on 2 other boards

Mr Barry Thomas Welsted

director · Since 08/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Welsted Joinery Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Saltcoats Industrial Estate, 31 Cutlers Rd, Chelmsford, CM3 5WA

Reg: 10510702 · Welsted Joinery Limited · Limited Company

Notified 20/12/2016

Former PSCs

Mr Jeffrey Welsted

Ceased 20/12/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 23/01/2004Registered 31/01/2004
charge
outstanding

BARCLAYS BANK PLC

Created 27/11/2003Registered 06/12/2003
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 25/02/2003Registered 28/02/2003Satisfied 08/11/2014
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 03/09/1999Registered 17/09/1999Satisfied 08/11/2014
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 03/09/1999Registered 10/09/1999Satisfied 08/11/2014
charge
satisfied

BARCLAYS BANK PLC

Created 17/02/1998Registered 27/02/1998Satisfied 22/12/1999
charge
satisfied

BARCLAYS BANK PLC

Created 14/02/1991Registered 22/02/1991Satisfied 22/12/1999

CompanyRankvs 2746+ SIC 43320 peers
63

Financial strength88th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1George Jones & Son (Contractors) Limited
90
2James Thorpe & Son Limited
90
3S. & A. Parsons (Building Contractors) Limited
90
4K.J.Edwards(Electrical)Limited
90
5Brown & Kirby Limited
90
6Broadland Windows Limited
90
7Larasian Limited
90
8Cheshire Contracts (Shopfitting) Limited
90
9L.W. Wedd & Son Limited
90
10G. Empson & Sons Limited
90
2746Welsted Joinery Limited
69
How is this score calculated?
Financial strength22/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

£106k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£129k

Working capital

Current Assets

£267k

Current Liabilities

£396k

Fixed Assets

£454k

Debtors

£155k

21avg. employees

Balance Sheet

Bank loans & overdrafts£173k
Assets less current liabilities£325k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£0
20250.67-£97k
20240.95+£380
20231.14-£126k
20221.86+£9k
20211.73+£20k
20201.79-£21k
20191.89+£30k
20181.60+£33k
20171.70—

Derived from filed accounts. Not audited figures.