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Welding Industries Limited

03703144

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

SATELLITE HOUSE, BRISTOL, BS5 8AU
Incorporated 22/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Elizabeth Orchard

director · Since 18/02/1999

DIRECTOR

BRITISH · ISLE OF MAN · Age 79

Mr Peter Neil Garrard

director · Since 21/12/2004

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 88

Also on 4 other boards

Donald Lake

secretary · Since 10/01/2007

BRITISH

Mr Donald Lake

director · Since 02/03/2015

DIRECTOR

BRITISH · ISLE OF MAN · Age 81

Also on 1 other board

Ms Anna Elizabeth Sheward

director · Since 24/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Fuller Orchard Limited

50–75% shares
50–75% votes
Appoint directors

3, Myrtle Street, Isle Of Man, IM1 1ED

Reg: 123351c · Isle Of Man · Private Company Limited By Shares

Notified 06/04/2016

Zanobi Limited

25–50% shares

3, Myrtle Street, Isle Of Man, IM1 1ED

Reg: 129741c · Isle Of Man Companies Registry · Private Limited Company

Notified 31/01/2019

Former PSCs

Quarrendon Investments Limited

Ceased 31/01/2019

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 06/07/2015Registered 10/07/2015
Charge
outstanding

ALDERMORE BANK PLC

Created 06/07/2015Registered 09/07/2015
Charge
outstanding

ALDERMORE BANK PLC

Created 06/07/2015Registered 09/07/2015
charge
satisfied

HSBC BANK PLC

Created 18/04/2008Registered 30/04/2008Satisfied 01/08/2015
charge
satisfied

HSBC BANK PLC

Created 23/03/2006Registered 28/03/2006Satisfied 01/08/2015
charge
satisfied

WELDING INDUSTRIES (HOLDINGS) LIMITED

Created 24/03/1999Registered 01/04/1999Satisfied 07/10/2004
charge
satisfied

SINGER & FRIEDLANDER LIMITED

Created 24/02/1999Registered 27/02/1999Satisfied 23/08/2006

CompanyRankvs 9832+ SIC 68209 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9832Welding Industries Limited
81
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.

Employees15/15 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

£1.6M

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£393k

Current Liabilities

£255k

Fixed Assets

£2.2M

Debtors

£350k

5avg. employees

Tax at Year End

Corp tax£32k

Balance Sheet

Assets less current liabilities£2.3M
Signed by A E Sheward 04/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54-£12k
20232.06+£7k
20221.82-£540
20211.70+£107k
20200.59+£216k
20190.54-£566k
20182.79—

Derived from filed accounts. Not audited figures.