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D.R.Welbourn Ltd

04602814

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 6 PLOT C, LINCOLN, LN6 3TR
Incorporated 27/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Michael Cole

director · Since 02/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Furniture By Liv Cole Ltd

75–100% shares
75–100% votes
Appoint directors

6, Beaminster Road, Solihull, B91 1NA

Reg: 06002323 · England And Wales · Limited Company

Notified 09/08/2024

Former PSCs

Mr David Raymond Welbourn

Ceased 02/12/2022

Liv's Trade Ltd

Ceased 09/08/2024

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 14/04/2004Registered 30/04/2004

CompanyRankvs 3320+ SIC 31090 peers
31

Financial strength10th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
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 strength3/25 pts

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

Employees8/15 pts

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

Liquidity0/20 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 31/01/2025

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

Current Liabilities

-£33k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£20k
Signed by Michael Cole

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£17k
2024-£35k
2023-£35k
20222.70-£13k
20213.30

Derived from filed accounts. Not audited figures.