Gas And Welding Equipment Limited
01488464
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 25/11/2025
Due 09/12/2026
Industry
Officers
secretary · Since 11/09/2017
Persons with Significant Control
Mr John Howard Watson
British · England · Age 54
239, Ilkeston Road, Nottingham, NG7 3FX
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 733+ SIC 47190 peers73
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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 31/03/2025
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
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.26 | -£16k |
| 2024 | 4.92 | -£8k |
| 2023 | 3.36 | -£32k |
| 2022 | 3.77 | -£17k |
| 2021 | 3.49 | +£53k |
| 2020 | 2.79 | -£9k |
| 2019 | 3.65 | — |
Derived from filed accounts. Not audited figures.