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West Country Welding Supplies Limited

03183375

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 ASHMEAD BUSINESS CENTRE, BRISTOL, BS31 1SX
Incorporated 09/04/1996

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 23/11/2025

Due 07/12/2026

On track

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Gareth Richard Johnson

secretary · Since 30/09/1999

MANAGER

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Gareth Richard Johnson

director · Since 01/05/2001

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mr Thomas David Baker

director · Since 01/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Persons with Significant Control

Weldco Ltd

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

11, Laura Place, Bath, BA2 4BL

Reg: 14997382 · England & Wales · Limited Company

Notified 23/11/2023

Former PSCs

Mr Craig Philip Elliott

Ceased 23/11/2023

Charges1 outstanding

Charge
outstanding

CRAIG ELLIOTT

Created 23/11/2023Registered 28/11/2023

CompanyRankvs 86+ SIC 46690 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.77× · 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.

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 30/09/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£366k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£3.1M

Current Liabilities

£813k

Fixed Assets

£45k

Debtors

£2.5M

13avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.77+£236k
20234.33+£243k
20224.31+£146k
20213.98+£258k
20204.37+£86k
20193.29+£99k
20183.46

Derived from filed accounts. Not audited figures.