Wellspring Safety Limited
04499781
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 31/07/2002
BRITISH · UNITED KINGDOM · Age 70
Also on 1 other board
director · Since 23/01/2007
DIRECTOR
BRITISH · SCOTLAND · Age 70
Also on 1 other board
Persons with Significant Control
Mr David Courtney
British · Scotland · Age 64
Eagle Park, Low Askomil, Campbeltown, PA28 6EP
Notified 02/06/2016
Mrs Elaine Jeanette Courtney
British · Scotland · Age 70
Eagle Park, Low Askomil, Campbeltown, PA28 6EP
Notified 02/06/2016
CompanyRankvs 9242+ SIC 71129 peers62
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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 31/07/2025
Net Worth
£15k
Balance sheet strength
Cash
£56k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£57k
Current Liabilities
£67k
Fixed Assets
£24k
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.85 | -£26k |
| 2024 | 1.19 | — |
| 2023 | 2.69 | — |
| 2022 | 2.18 | — |
| 2021 | 2.09 | — |
| 2020 | 1.45 | — |
| 2019 | 0.99 | — |
Derived from filed accounts. Not audited figures.