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Weldlogic Europe Limited

03263625

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

BLACKSTONE ROAD, CAMBRIDGESHIRE, PE29 6EF
Incorporated 15/10/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28490
28490

Officers

Kevin John Hart

secretary · Since 02/11/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 17 other boards

Kevin John Hart

director · Since 02/11/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 17 other boards

Mr Alan Kerr

director · Since 02/11/1996

DIRECTOR

SCOTTISH · ENGLAND · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Kevin John Hart

25–50% shares

British · England · Age 66

Blackstone Road, Cambridgeshire, PE29 6EF

Notified 06/04/2016

Mr Alan Kerr

25–50% shares

Scottish · England · Age 69

Blackstone Road, Cambridgeshire, PE29 6EF

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 16/02/2023Registered 17/02/2023Satisfied 07/06/2024
Charge
outstanding

THE MANAGING TRUSTEES OF WELDLOGIC EUROPE LIMITED RETIREMENT BENEFITS SCHEME

Created 15/11/2021Registered 16/11/2021

CompanyRankvs 127+ SIC 28490 peers
67

Financial strength84th percentile among SIC peers · 21/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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127Weldlogic Europe Limited
73
How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/12/2024

Net Worth

£811k

Balance sheet strength

Cash

£503k

Cash in the bank

Net Current Assets

£255k

Working capital

Current Assets

£670k

Current Liabilities

£416k

Fixed Assets

£556k

Debtors

£62k

5avg. employees

Tax at Year End(2022)

Corp tax£92k

Balance Sheet

Assets less current liabilities£811k
Signed by Mr Kevin Hart Mr Alan Kerr 8th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.61+£26k
20231.60-£104k
20221.89+£355k
20211.31—

Derived from filed accounts. Not audited figures.