Basic Welding Services Limited
03334319
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
secretary · Since 03/10/2018
Persons with Significant Control
Mr Paul Jones
British · England · Age 60
232, Briscoe Lane, Manchester, M40 2XG
Notified 01/02/2017
Charges0 outstanding
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CompanyRankvs 1585+ SIC 71121 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
£100k
Balance sheet strength
Cash
£161k
Cash in the bank
Net Current Assets
-£130k
Working capital
Current Assets
£382k
Current Liabilities
£512k
Fixed Assets
£252k
Debtors
£166k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.75 | +£7k |
| 2024 | 0.80 | -£18k |
| 2023 | 0.83 | +£110k |
| 2022 | 1.09 | +£0 |
| 2021 | 1.00 | +£0 |
| 2020 | 1.02 | +£0 |
| 2019 | 0.97 | +£0 |
| 2018 | 1.01 | — |
Derived from filed accounts. Not audited figures.