Welcome Products Ltd
04224184
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/01/2019
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 69
Also on 14 other boards
Persons with Significant Control
Avad Group Limited
Avad House, Belvue Road, Northolt, UB5 5HY
Reg: 01431059 · Register Of Companies For England And Wales · Private Company Limited By Shares
Notified 31/12/2018
Mr Surendra Thakorbhai Patel
British · England · Age 77
Avad House, Belvue Road, Northolt, UB5 5HY
Notified 01/07/2024
Former PSCs
Mr Robin South
Ceased 31/12/2018
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 2900+ SIC 46900 peers57
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp
Key FinancialsYear ending 30/06/2025
Net Worth
£588k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
£596k
Working capital
Current Assets
£658k
Current Liabilities
£62k
Fixed Assets
£15k
Debtors
£208k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.58 | +£0 |
| 2025 | 10.58 | -£22k |
| 2024 | 3.71 | -£2k |
| 2023 | 2.84 | -£4k |
| 2022 | 2.56 | +£8k |
| 2021 | 1.48 | +£64k |
| 2020 | 7.28 | — |
| 2019 | 2.39 | — |
| 2018 | 2.68 | — |
Derived from filed accounts. Not audited figures.