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Welding Industries Limited

03703144

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

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 82

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

CompanyRankvs 542+ SIC 68209 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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 31/12/2025

Net Worth

£4.9M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.3M

Current Liabilities

£614k

Fixed Assets

£3.8M

Debtors

£214k

5avg. employees

Tax at Year End

Corp tax£438k

Balance Sheet

Assets less current liabilities£5.5M
Signed by A E Sheward 27/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.81+£3.3M
20241.54-£12k
20232.06—

Derived from filed accounts. Not audited figures.