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Weldtite Products Limited

02558918

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

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

Details

UNIT 9 HARRIER ROAD, BARTON UPON HUMBER, DN18 5RP
Incorporated 15/11/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods
30920
Manufacture of bicycles and invalid carriages

Officers

Mr David Justin Bennett Baggs

director · Since 15/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Charles Martin Bennett-Baggs

director · Since 15/11/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 8 other boards

Mr Jonathan Lawrence Anthony Bennett-Baggs

director · Since 10/09/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Paul Kay Davis

director · Since 02/01/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mrs Olga Leach

director · Since 10/01/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Cb Baggs Group Ltd

75–100% shares
75–100% votes

Unit 9, Harrier Road, Barton-Upon-Humber, DN18 5RP

Notified 15/11/2016

Charges1 outstanding

Charge
outstanding

CHARLES MARTIN BENNETT-BAGGS · JONATHAN LAWRENCE ANTHONY BENNETT-BAGGS · DAVID JUSTIN BENNETT-BAGGS

Created 02/03/2021Registered 15/03/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2004Registered 18/10/2004Satisfied 17/04/2009
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 07/05/2004Registered 08/05/2004Satisfied 17/04/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/08/1991Registered 30/08/1991Satisfied 17/04/2009

CompanyRankvs 66+ SIC 22220 peers
67

Financial strength87th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.45× · 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 strength22/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£463k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£6.4M

Current Liabilities

£4.4M

Fixed Assets

£162k

Debtors

£5.0M

Profit After Tax

£412k

32avg. employees-4

Tax at Year End

Corp tax£89k
Dividends paid£350k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£62k
20231.53-£11k
20221.58+£40k
20211.39+£221k
20201.67+£284k
20191.58+£81k
20181.79

Derived from filed accounts. Not audited figures.