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Weld-Fab Stage Engineering Limited

02650197

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 4B, BURY ST. EDMUNDS, IP32 7BS
Incorporated 01/10/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Christopher Skipp

director · Since 17/05/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Christopher Skipp

25–50% shares

British · England · Age 52

97, Fairfields, Thetford, IP24 1JN

Notified 17/05/2024

Former PSCs

Mr Brian Thomas Skipp

Ceased 17/05/2024

Charges2 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/07/2004Registered 31/07/2004Satisfied 03/03/2010
charge
satisfied

NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 05/11/2001Registered 07/11/2001Satisfied 13/11/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/11/1994Registered 05/12/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/06/1993Registered 18/06/1993

CompanyRankvs 533+ SIC 71129 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.78× · 20/20
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 strength24/25 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.

Liquidity20/20 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 31/10/2025

Net Worth

£824k

Balance sheet strength

Cash

£161k

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£164k

Current Liabilities

£34k

Fixed Assets

£757k

Debtors

£3k

3avg. employees

Tax at Year End(2019)

Corp tax£29k

Balance Sheet

Assets less current liabilities£886k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.78+£12k
20243.50-£53k
20234.48-£56k
20226.50-£54k
20217.21-£123k
20203.28-£85k
20192.05+£104k
20181.96

Derived from filed accounts. Not audited figures.