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Advanced Studwelding Systems Limited

04602241

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

UNIT 30 CINNAMON BROW BUSINESS PARK, WIGAN, WN2 2PR
Incorporated 27/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Alan Barnes

director · Since 29/11/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Mr Mark Andrew Barnes

secretary · Since 06/04/2016

Also on 3 other boards

Mrs Christine Barnes

director · Since 06/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Mr Mark Andrew Barnes

director · Since 06/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Alan Barnes

25–50% shares
25–50% votes

British · England · Age 76

52, Hedgerows Road, Leyland, PR26 7JQ

Notified 06/04/2016

Mrs Christine Barnes

25–50% shares
25–50% votes

British · England · Age 76

52, Hedgerows Road, Leyland, PR26 7JQ

Notified 06/04/2016

CompanyRankvs 2307+ SIC 71129 peers
76

Financial strength81th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2307Advanced Studwelding Systems Limited
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£66k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£160k

Current Liabilities

£111k

Fixed Assets

£25k

Debtors

£53k

5avg. employees

Tax at Year End

VAT£4k

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£74k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.44-£26k£85k
20241.43+£17k£727k
20232.16—£200k

Derived from filed accounts. Not audited figures.