Welmar Plumbing Heating & Gas Specialists Limited
04079452
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2025
micro entity
Next accounts due
31/07/2027
Confirmation statement
Last: 20/09/2025
Due 04/10/2026
Industry
Officers
Mr Michael Eric Priestley
director · Since 01/08/2026
BRITISH · ENGLAND · Age 36
Former
director · Resigned 01/08/2026
secretary · Resigned 01/08/2026
director · Resigned 01/08/2026
Persons with Significant Control
Mr Michael Eric Priestley
British · England · Age 36
1 Dean Field Court, Holdsworth Road, Halifax, HX2 9TX
Notified 01/08/2026
Former PSCs
Mr Paul Welsh
Ceased 01/08/2026
Mrs Janet Priestley
Ceased 30/10/2016
CompanyRankvs 26029+ SIC 43220 peers40
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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 31/10/2025
Net Worth
-£72k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£77k
Working capital
Current Assets
£3k
Current Liabilities
£81k
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | -£34k |
| 2024 | 0.10 | -£39k |
| 2023 | 0.79 | — |
Derived from filed accounts. Not audited figures.