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Welded Presswork (1982) Limited

01653313

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

STAFFORD ROAD, WEDNESBURY, WS10 8SZ
Incorporated 22/07/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr David Eaglesfield

director · Since 31/12/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Mr Ronald Jeavons

director · Since 31/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Persons with Significant Control

Ron Jeavons (Steels) Limited

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

Stafford Road, Darlaston, Wednesbury, WS10 8SZ

Reg: 01018834 · Uk Register · Uk Limited Company

Notified 31/12/2016

Charges1 outstanding

charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 14/10/2009Registered 15/10/2009Satisfied 04/06/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 28/01/2004Registered 30/01/2004Satisfied 04/06/2015
charge
satisfied

RONALD LEONARD JEAVONS

Created 22/06/1987Registered 10/07/1987Satisfied 16/08/1991
charge
outstanding

MIDLAND BANK PLC

Created 18/08/1986Registered 22/08/1986
charge
satisfied

BARCLAYS BANK PLC

Created 23/03/1983Registered 31/03/1983Satisfied 17/04/1987

CompanyRankvs 545+ SIC 25110 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.5× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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545Welded Presswork (1982) Limited
78
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.

Employees14/15 pts

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

Liquidity16/20 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 31/08/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£861k

Cash in the bank

Net Current Assets

£673k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.3M

Fixed Assets

£395k

Debtors

£1.0M

44avg. employees-4

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50+£205k
20231.34-£601k
20223.86+£227k
20212.94+£115k
20202.64—

Derived from filed accounts. Not audited figures.