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Wells Wellcut Limited

03533010

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

1 THE FORUM, LYNCH WOOD, PETERBOROUGH, PE2 6FT
Incorporated 23/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Luke Wells

director · Since 23/03/1998

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Raymond John Wells

secretary · Since 05/04/2004

BRITISH · Age 75

Persons with Significant Control

Mr Luke Wells

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

British · England · Age 50

1 The Forum, Minerva Business Park, Lynch Wood, Peterborough, PE2 6FT

Notified 06/04/2016

Former PSCs

Mr Raymond John Wells

Ceased 12/10/2022

CompanyRankvs 10214+ SIC 82990 peers
83

Financial strength90th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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10214Wells Wellcut Limited
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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.

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.

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

£238k

Balance sheet strength

Cash

£199k

Cash in the bank

Net Current Assets

£222k

Working capital

Current Assets

£522k

Current Liabilities

£299k

Fixed Assets

£30k

Debtors

£310k

8avg. employees-1

Tax at Year End

Corp tax£20k

Balance Sheet

Assets less current liabilities£253k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74-£20k
20231.70—

Derived from filed accounts. Not audited figures.