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Mid-Wales Welded Productions Limited

01566038

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

CAMBRIAN WORKS, LLANIDLOES, SY18 6HN
Incorporated 03/06/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Brian Huw Rees

director · Since 06/11/2023

DIRECTOR

BRITISH · WALES · Age 45

Mr Mark Kevin Sargent

director · Since 06/11/2023

DIRECTOR

BRITISH · WALES · Age 41

Also on 2 other boards

Mr Thomas Nathan Savage

director · Since 06/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Stephen John Woosencraft

director · Since 06/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Bulk Automation Limited

75–100% shares

Cambrian Works, Van Road, Llanidloes, SY18 6HN

Reg: 11208952 · England & Wales · Limited Co

Notified 16/12/2024

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 06/11/2023Registered 13/11/2023
Charge
satisfied

DEREK CHARLES CROWTHER · MARTIN LAWRENCE CROWTHER · PAUL ANTHONY CROWTHER · ELIZABETH CROWTHER

Created 06/11/2023Registered 08/11/2023Satisfied 16/11/2023
charge
satisfied

BARCLAYS BANK PLC

Created 14/10/1996Registered 22/10/1996Satisfied 11/11/2024
charge
satisfied

DAVID RICHARD LLOYD

Created 20/07/1995Registered 31/07/1995Satisfied 04/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 19/07/1985Registered 25/07/1985Satisfied 04/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 04/11/1983Registered 15/11/1983Satisfied 04/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 18/05/1983Registered 26/05/1983Satisfied 04/01/2017
charge
satisfied

MIDLAND BANK PLC

Created 25/04/1983Registered 03/05/1983
charge
satisfied

MIDLAND BANK PLC

Created 24/02/1982Registered 01/03/1982

CompanyRankvs 5209+ SIC 25990 peers
29

Financial strength29th percentile among SIC peers · 7/25
Employees10th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength7/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

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

Liquidity0/20 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

£500

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£68k

Working capital

Current Assets

Current Liabilities

£68k

0avg. employees-13

Balance Sheet

Assets less current liabilities-£68k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60-£179k
20231.18-£73k
20222.31-£310
20211.89+£3k
20202.12+£7k
20192.24-£27k
20182.70

Derived from filed accounts. Not audited figures.