Welsted Joinery Limited
01429150
Notable Risks
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 18/11/2025
Due 02/12/2026
Industry
Officers
director · Since 06/12/1991
BUILDER
BRITISH · ENGLAND · Age 74
Also on 2 other boards
director · Since 08/01/2025
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Welsted Joinery Holdings Limited
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
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Insolvency History1 case
Jamie Taylor (practitioner) · Alan John Clark (practitioner)
CompanyRankvs 2702+ SIC 43320 peers53
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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
Insolvency history: -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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.67 | +£0 |
| 2025 | 0.67 | -£97k |
| 2024 | 0.95 | +£380 |
| 2023 | 1.14 | — |
Derived from filed accounts. Not audited figures.