The Traditional Welsh Sausage Company Limited
03699399
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 21/01/2026
Due 04/02/2027
Industry
Officers
Former
corporate nominee secretary · Resigned 11/02/1999
corporate nominee director · Resigned 11/02/1999
Persons with Significant Control
Mr Ieuan Gwyn Edwards
Welsh · Wales · Age 64
18, High Street, Conwy, LL32 8DE
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED
Change History
Active
Private Limited Company
18 HIGH STREET
NORTH WALES
CompanyRankvs 72+ SIC 10130 peers63
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£13.9M
Annual revenue
Net Worth
£2.2M
Balance sheet strength
Cash
£820k
Cash in the bank
Profit Before Tax
£578k
Bottom line earnings
Net Current Assets
£1.2M
Working capital
Current Assets
£2.7M
Current Liabilities
£1.5M
Fixed Assets
£2.8M
Debtors
£1.4M
Cost of Sales
£10.3M
Gross Profit
£3.6M
Admin Expenses
£2.4M
Operating Profit
£608k
Profit After Tax
£456k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.80 | +£206k |
| 2023 | 1.61 | -£118k |
| 2022 | 1.66 | -£169k |
| 2021 | 1.51 | +£647k |
| 2020 | 1.81 | +£756k |
| 2019 | 1.41 | +£76k |
| 2018 | 0.99 | — |
Derived from filed accounts. Not audited figures.