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Newbury Welding Supplies Limited

01958174

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 TOOMERS WHARF, NEWBURY, RG14 1DY
Incorporated 13/11/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Luke Andrew Parsons

director · Since 28/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Lap Group Holdings Ltd

75–100% shares

Unit 5, Station Road Industrial Estate, Thatcham, RG19 4QY

Reg: 16129085 · Companies House · Limited Company

Notified 28/03/2025

Former PSCs

Mr Kenneth John Sullivan

Ceased 28/03/2025

Mrs Denise Sullivan

Ceased 28/03/2025

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/2009Registered 15/04/2009Satisfied 26/02/2025

CompanyRankvs 821+ SIC 25110 peers
77

Financial strength76th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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.

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

£343k

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£301k

Working capital

Current Assets

£776k

Current Liabilities

£476k

Fixed Assets

£43k

Debtors

£479k

9avg. employees
Signed by 01958174 2024-03-01 2025-03-31 01958174 2025-03-31 01958174 bus:OrdinaryShareClass1 2025-03-31 01958174 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.63+£9k
20241.67+£66k
20231.48+£14k
20221.40+£50k
20211.35+£24k
20201.25+£18k
20191.24-£28k
20171.37

Derived from filed accounts. Not audited figures.