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W.E.S. Ltd.

03086750

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PRECISION HOUSE, BASINGSTOKE, RG24 8PP
Incorporated 02/08/1995

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/07/2025

Due 09/08/2026

On track

Industry

28990
Manufacture of other special-purpose machinery
36000
Water collection, treatment and supply

Officers

Mr Allan William Dallas

director · Since 23/07/2020

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 13 other boards

Mr Iain Ross Macgregor

director · Since 23/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 76 other boards

Mr Connor Morton

director · Since 30/09/2025

DIRECTOR

BRITISH · SCOTLAND · Age 36

Also on 11 other boards

Persons with Significant Control

Ross-Shire Engineering Limited

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

Muir Of Ord Industrial Estate, Muir Of Ord, Ross-Shire, IV6 7UA

Reg: Sc177939 · Uk Companies Register · Private Company Limited By Shares

Notified 23/07/2020

Former PSCs

Mr Kevin Timothy Wheeler

Ceased 23/07/2020

Mr Robert Cook

Ceased 23/07/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 25/03/2025Registered 07/04/2025
Charge
outstanding

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 18/08/2023Registered 24/08/2023
Charge
outstanding

MML UK ADVISOR LLP (AS SECURITY TRUSTEE)

Created 18/08/2023Registered 22/08/2023
Charge
satisfied

HSBC UK BANK PLC

Created 13/10/2021Registered 20/10/2021Satisfied 23/08/2023
Charge
satisfied

BANK OF SCOTLAND PLC (COMPANY NUMBER SC327000)

Created 23/07/2020Registered 24/07/2020Satisfied 26/10/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/05/2011Registered 28/05/2011Satisfied 14/07/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 05/09/2005Registered 10/09/2005Satisfied 14/07/2020
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/12/1999Registered 04/12/1999Satisfied 17/05/2011
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/02/1997Registered 27/02/1997Satisfied 01/12/1999

CompanyRankvs 850+ SIC 28990 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.19× · 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 strength23/25 pts

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

Employees14/15 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 31/03/2020

Net Worth

£1.8M

Balance sheet strength

Cash

£305k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.1M

Current Liabilities

£982k

Fixed Assets

£740k

Debtors

£1.5M

46avg. employees+1

Tax at Year End

Corp tax£72k

Balance Sheet

Bank loans & overdrafts£26k
Assets less current liabilities£1.9M
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent RatioImplied Profit
20202.19+£123k
20182.28

Derived from filed accounts. Not audited figures.