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Wellings Decorators Limited

02880448

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 133 NORTH MERSEY BUSINESS CENTRE, KNOWSLEY, L33 7UY
Incorporated 14/12/1993

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/06/2025

Due 16/06/2026

On track

Industry

43341
Painting
43390
Other building completion and finishing

Officers

Mr Kevin Forrester

director · Since 31/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

K F Holding (Nw) Ltd

75–100% shares
75–100% votes
Appoint directors

77, Middle Hillgate, Stockport, SK1 3EH

Reg: 11900829 · England And Wales · Limited Company

Notified 17/01/2024

Former PSCs

Mr Christopher Brennan

Ceased 17/01/2024

Mr Kevin Forrester

Ceased 17/01/2024

C B Southern Holdings Ltd

Ceased 09/04/2025

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/05/2011Registered 26/05/2011
charge
satisfied

HSBC BANK PLC

Created 12/05/2006Registered 16/05/2006Satisfied 19/06/2010

CompanyRankvs 377+ SIC 43341 peers
73

Financial strength96th percentile among SIC peers · 24/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 7.02× · 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.

Employees9/15 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 31/03/2025

Net Worth

£278k

Balance sheet strength

Cash

£230k

Cash in the bank

Net Current Assets

£273k

Working capital

Current Assets

£318k

Current Liabilities

£45k

Fixed Assets

£6k

Debtors

£86k

2avg. employees

Balance Sheet

Assets less current liabilities£279k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.02+£21k
20245.60+£25k
20235.24+£20k
20223.55+£88k
20213.35-£56k
20203.12-£3k
20192.23

Derived from filed accounts. Not audited figures.