Wellington Engineering Co. Limited
02688410
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/08/1992
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
director · Since 31/05/1996
DIRECTOR
BRITISH · UNITED KINGDOM · Age 82
Also on 1 other board
Persons with Significant Control
Mr Daimon Vincent Wellington
British · United Kingdom · Age 52
Wellington House 1, Betam Road, Middlesex, UB3 1SR
Notified 18/02/2017
Charges2 outstanding
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CompanyRankvs 1658+ SIC 32990 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/07/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
£699k
Working capital
Current Assets
£1.7M
Current Liabilities
£1.0M
Fixed Assets
£589k
Debtors
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.69 | +£200k |
| 2024 | 1.24 | -£373k |
| 2023 | 1.31 | -£50k |
| 2022 | 1.33 | -£387k |
| 2021 | 1.45 | — |
Derived from filed accounts. Not audited figures.