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South Wales Industrial Valves Services Limited

01582669

active
ltd
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

Swansea West Business Park Queensway, Fforestfach, Swansea, SA5 4DH
Incorporated 26/08/1981

Previously known as

Metalock (Valve Services) Limited · until 15/02/1989
South Wales Industrial Valves Services Limited · until 04/11/1988
Keelright Limited · until 31/12/1981

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 28/12/2025

Due 11/01/2027

On track

Industry

33190
Repair of other equipment

Officers

Mr Hugh Mark Whitcomb

director · Since 07/02/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Mr Steve Jones

director · Since 17/10/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 12 other boards

Miss Inca Lockhart-Ross

secretary · Since 01/03/2022

Hugh Mark Whitcomb

director · Since 07/02/2017

British · England · Age 64

Steve Jones

director · Since 17/10/2017

British · United Kingdom · Age 48

Inca Lockhart-Ross

secretary · Since 01/03/2022

Former

Ralph Donald Leach

director · Resigned 07/10/2003

Alfred Kenneth Hughes

director · Resigned 08/09/2011

William Ramsay Powell

director · Resigned 24/10/2014

Stephen Anthony Quinn

director · Resigned 23/09/2016

Ivor Phillip Evans

secretary · Resigned 07/02/2017

Ivor Phillip Evans

director · Resigned 07/02/2017

Suzanne Catherine Szynaka

director · Resigned 07/02/2017

Annette Marie Evans

director · Resigned 07/02/2017

Timothy Melville Hair

director · Resigned 25/11/2024

Persons with Significant Control

Ivs Swansea Limited

75–100% shares

46/48, Beak Street, London, W1F 9RJ

Reg: 10439075 · Companies House · Limited Company

Notified 14/02/2017

Former PSCs

A K Hughes Limited

Ceased 14/02/2017

Charges2 outstanding

Charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 16/02/2018Registered 26/02/2018Satisfied 22/09/2023
Charge
outstanding

HUK 73 LIMITED (NOW K/A IVS SWANSEA LIMITED)

Created 08/02/2017Registered 01/06/2017
Charge
outstanding

IVS SWANSEA LIMITED

Created 05/05/2017Registered 05/05/2017
charge
satisfied

LLOYDS BANK PLC

Created 14/01/1988Registered 23/01/1988Satisfied 07/08/1999
charge
satisfied

MIDLAND BANK PLC

Created 22/05/1987Registered 28/05/1987Satisfied 30/09/1988
charge
satisfied

INVESTORS IN INDUSTRY PLC.

Created 28/11/1986Registered 02/12/1986Satisfied 07/08/1999
charge
satisfied

INVESTORS IN INDUSTRY PLC.

Created 28/11/1986Registered 02/12/1986Satisfied 07/08/1999
charge
satisfied

MIDLAND BANK PLC

Created 09/06/1986Registered 13/06/1986Satisfied 30/09/1988
charge
satisfied

INVESTORS IN INDUSTRY PLC.

Created 11/06/1986Registered 13/06/1986Satisfied 07/08/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/03/1982Registered 05/04/1982

Change History

officer appointedLOCKHART-ROSS, Inca
2026-06-12
officer appointedJONES, Steve
2026-06-12
officer appointedWHITCOMB, Hugh Mark
2026-06-12
statusactive
2026-06-12

Active

post townSwansea
2026-06-12

SWANSEA

typeltd
2026-06-12

Private Limited Company

address line1Swansea West Business Park Queensway
2026-06-12

SWANSEA WEST BUSINESS PARK QUEENSWAY

CompanyRankvs 1363+ SIC 33190 peers
63

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.97× · 6/20
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 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 31/12/2024

Net Worth

£281k

Balance sheet strength

Cash

£587k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.3M

Fixed Assets

£466k

Debtors

£577k

28avg. employees

Tax at Year End

Corp tax£186k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£429k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£284k
20231.39+£95k
20221.39+£93k
20211.39+£267k
20201.20

Derived from filed accounts. Not audited figures.