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Nerak-Wiese Limited

02749568

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

32 FFRWDGRECH IND.EST., POWYS, LD3 8LA
Incorporated 22/09/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mrs Sylvia Ann Watkins

director · Since 20/03/2014

COMPANY DIRECTOR

BRITISH · WALES · Age 74

Mr Peter Michael Francis

secretary · Since 13/01/2015

Also on 1 other board

Mr Simon George Musgrave

director · Since 11/05/2015

SALES DIRECTOR

BRITISH · WALES · Age 62

Michael Scott Amber

director · Since 01/12/2021

COMPANY DIRECTOR

BRITISH · WALES · Age 34

Mr Peter Michael Francis

director · Since 05/03/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mrs Sylvia Ann Watkins

75–100% shares

British · Wales · Age 74

32 Ffrwdgrech Ind.Est., Powys, LD3 8LA

Notified 06/04/2016

Former PSCs

Mr Huw Watkins

Ceased 15/05/2023

Nerak Gmbh Fordertechnik

Ceased 23/06/2026

Charges2 outstanding

charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 29/02/1996Registered 11/03/1996Satisfied 15/05/2012
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 29/02/1996Registered 11/03/1996Satisfied 29/07/2006
charge
outstanding

BARCLAYS BANK PLC

Created 25/11/1994Registered 12/12/1994
charge
outstanding

BARCLAYS BANK PLC

Created 11/10/1994Registered 20/10/1994
charge
satisfied

BARCLAYS BANK PLC

Created 13/09/1994Registered 22/09/1994Satisfied 13/02/1995

CompanyRankvs 41+ SIC 28220 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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41Nerak-Wiese Limited
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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.

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 30/11/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.1M

Current Liabilities

£458k

Fixed Assets

£762k

Debtors

£612k

24avg. employees+1

Balance Sheet

Assets less current liabilities£2.4M
Signed by 02749568 2023-12-01 2024-11-30 02749568 2024-11-30 02749568 core:RetainedEarningsAccumulatedLosses 2024-11-30 02749568 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.52+£71k
20232.34+£121k
20222.53+£99k
20212.63—

Derived from filed accounts. Not audited figures.