Back to search

Gas And Welding Equipment Limited

01488464

active
Private Limited Company
england wales
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

239 ILKESTON ROAD, NOTTINGHAM, NG7 3FX
Incorporated 31/03/1980

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr John Howard Watson

director · Since 01/11/1994

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Miss Joanne Claire Osbourne

secretary · Since 11/09/2017

Persons with Significant Control

Mr John Howard Watson

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

British · England · Age 54

239, Ilkeston Road, Nottingham, NG7 3FX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 09/07/1987Registered 27/07/1987

CompanyRankvs 733+ SIC 47190 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees9/15 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 31/03/2025

Net Worth

£216k

Balance sheet strength

Cash

£214k

Cash in the bank

Net Current Assets

£174k

Working capital

Current Assets

£251k

Current Liabilities

£77k

Fixed Assets

£43k

Debtors

£12k

2avg. employees+2
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.26-£16k
20244.92-£8k
20233.36-£32k
20223.77-£17k
20213.49+£53k
20202.79-£9k
20193.65

Derived from filed accounts. Not audited figures.