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Myarc Welding Supplies Co. Limited

02294316

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE GRANARY, BLETCHINGLEY, RH1 4QP
Incorporated 08/09/1988

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Michael John Symcox

director · Since 20/12/1990

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Claire Louise Symcox

secretary · Since 15/02/2006

BRITISH · Age 62

Mrs Claire Louise Symcox

director · Since 25/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mr Michael John Symcox

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 65

The Granary, Brewer Street, Bletchingley, RH1 4QP

Notified 06/04/2016

Mrs Claire Louise Symcox

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 62

The Granary, Brewer Street, Bletchingley, RH1 4QP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 29/03/1996Registered 03/04/1996

CompanyRankvs 7486+ SIC 47990 peers
52

Financial strength37th percentile among SIC peers · 9/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.14× · 12/20
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 strength9/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£2

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£66k

Current Liabilities

£58k

Fixed Assets

£242

Debtors

£48k

2avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.14
20251.14
20240.99
20230.99
20221.00
20211.11
20201.13
20191.08
20181.08

Derived from filed accounts. Not audited figures.