Weldfast Services Limited
03855847
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 31/10/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 2 other boards
Persons with Significant Control
Weldfast Holdings Limited
Units1-2 Waterside Tading Estate, Mill Lane, Leigh, WN7 2BG
Reg: 12047794 · England And Wales · Company
Notified 31/10/2019
Former PSCs
Mr William Brabbs
Ceased 31/10/2019
Charges0 outstanding
WILLIAM BRABBS
CompanyRankvs 675+ SIC 25990 peers82
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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 31/01/2026
Net Worth
£514k
Balance sheet strength
Cash
£66k
Cash in the bank
Net Current Assets
£502k
Working capital
Current Assets
£587k
Current Liabilities
£85k
Fixed Assets
£18k
Debtors
£513k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 6.88 | +£0 |
| 2026 | 6.88 | -£5k |
| 2025 | 6.30 | -£10k |
| 2024 | 6.35 | -£3k |
| 2023 | 6.87 | +£10k |
| 2022 | 6.60 | +£3k |
| 2021 | 6.82 | — |
Derived from filed accounts. Not audited figures.