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Welp Group Uk Ltd

03867353

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

LUMANERI HOUSE BLYTHE GATE, SOLIHULL, B90 8AH
Incorporated 28/10/1999

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

71129
Other engineering activities

Officers

Jerrom Secretarial Services Lmited

secretary · Since 11/06/2015

Mr Philipp Baumann

director · Since 11/11/2022

DIRECTOR

GERMAN · GERMANY · Age 42

Persons with Significant Control

Ronald Gerschewski

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

German · Germany · Age 57

Imc Individual Capital Mobility Gmbh, Feldstrasse 6, 08064 Zwickau

Notified 18/11/2024

Former PSCs

Mrs Nina Welp

Ceased 18/11/2024

CompanyRankvs 2581+ SIC 71129 peers
65

Financial strength85th percentile among SIC peers · 21/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2581Welp Group Uk Ltd
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

position of WELP Holding GmbH, the ultimate parent company of Welp Group UK Ltd is strong and management considers that there will not be any impact to the company’s ability to continue as a going concern. WELP GROUP UK LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 1 Accounting policies (Continued) - 3 - 1.3 Turnover Turnover represents amounts rece

Key FinancialsYear ending 31/12/2024

Net Worth

£100k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£14k

Current Liabilities

£4k

Fixed Assets

£346

Debtors

£5k

Profit After Tax

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.15+£0
20231.04+£0
20220.50+£0
20210.24+£0
202010.03+£0
20201.19+£0
20182.19—

Derived from filed accounts. Not audited figures.