Weldtech Fabrications Limited
04619601
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/12/2002
WELDING TECHNICIAN
BRITISH · ENGLAND · Age 68
Also on 2 other boards
Persons with Significant Control
Mr David John Mccarthy
British · England · Age 68
579 Marton Road, Cleveland, TS4 3SD
Notified 11/12/2016
CompanyRankvs 676+ SIC 25110 peers76
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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 31/12/2024
Net Worth
£187k
Balance sheet strength
Cash
£96k
Cash in the bank
Net Current Assets
£163k
Working capital
Current Assets
£190k
Current Liabilities
£27k
Fixed Assets
£23k
Debtors
£93k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 7.15 | -£1k | £33k |
| 2023 | 9.16 | +£39k | — |
| 2022 | 25.54 | -£30k | — |
| 2021 | 19.46 | — | — |
Derived from filed accounts. Not audited figures.