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Grantham Welding Limited

04513369

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 2 DE SALIS DRIVE, DROITWICH, WR9 0QE
Incorporated 16/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Dean Paul Bayliss

director · Since 25/05/2004

DIRECTOR

BRITISH · ENGLAND · Age 57

Ms Melanie Louise Bayliss

secretary · Since 01/10/2010

Mrs Melanie Louise Bayliss

director · Since 04/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Dean Paul Bayliss

50–75% shares

British · England · Age 57

Unit 2, De Salis Drive, Droitwich, WR9 0QE

Notified 16/08/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 21/10/2004Registered 22/10/2004

CompanyRankvs 616+ SIC 25110 peers
67

Financial strength72th percentile among SIC peers · 18/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£248k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£223k

Working capital

Current Assets

£369k

Current Liabilities

£147k

Fixed Assets

£32k

Debtors

£232k

Profit After Tax

£83k

4avg. employees+2

Tax at Year End

Corp tax£19k
Dividends paid£30k

Balance Sheet

Assets less current liabilities£255k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.52+£53k
20232.30—

Derived from filed accounts. Not audited figures.