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M.G. Welding Plant Limited

02188581

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

UNIT 1 VAUXHALL STREET, DUDLEY, DY1 1TA
Incorporated 04/11/1987

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 23/01/2026

Due 06/02/2027

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Iain Matthew Cunnington

director · Since 21/07/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Mark John Cunnington

director · Since 08/09/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr Alan Cunnington

director · Since 27/07/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 2 other boards

Persons with Significant Control

Mgwp Holdings Limited

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

Church Court, Stourbridge Road, Halesowen, B63 3TT

Reg: 08319934 · Uk Register · Uk Limited Company

Notified 16/01/2017

CompanyRankvs 1696+ SIC 47190 peers
81

Financial strength91th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.96× · 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 strength23/25 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 30/04/2025

Net Worth

£115k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£219k

Current Liabilities

£112k

Fixed Assets

£10k

Debtors

£70k

4avg. employees

Balance Sheet

Assets less current liabilities£117k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.96+£9k
20241.96-£38k
20231.62-£21k
20222.24-£32k
20212.54

Derived from filed accounts. Not audited figures.