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Truflame (Welding Equipment) Limited

01608371

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

56 NEWHALL ROAD, SOUTH YORKSHIRE, S9 2QL
Incorporated 18/01/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Stephen Gavins

director · Since 12/09/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Mr Christopher Gavins

director · Since 02/04/1999

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Andrew William Dungworth

secretary · Since 01/05/2018

Also on 1 other board

Andrew William Dungworth

director · Since 07/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Russel Parkes

director · Since 01/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Stephen Gavins

50–75% shares
50–75% votes
Appoint directors
Significant control

British · England · Age 82

56 Newhall Road, South Yorkshire, S9 2QL

Notified 06/04/2016

Mr Christopher Gavins

25–50% shares
25–50% votes

British · England · Age 51

56 Newhall Road, South Yorkshire, S9 2QL

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 15/01/2019Registered 15/01/2019
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/11/2018Registered 14/12/2018
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 22/07/2016Registered 22/07/2016
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 15/10/2015Registered 20/10/2015

CompanyRankvs 463+ SIC 46690 peers
69

Financial strength88th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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463Truflame (Welding Equipment) Limited
79
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.

Liquidity12/20 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 30/11/2024

Net Worth

£754k

Balance sheet strength

Cash

£347k

Cash in the bank

Net Current Assets

£152k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.3M

Fixed Assets

£828k

Debtors

£1.5M

27avg. employees-1

Tax at Year End

Corp tax£57k

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities£980k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.07+£47k
20231.06+£88k
20221.02+£67k
20211.03—

Derived from filed accounts. Not audited figures.