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Proweld Industrial Gases Ltd

04767873

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Field House Dark Lake View, Estover Ind Est, Plymouth, PL6 7TL
Incorporated 16/05/2003

Previously known as

Proweld Industrial Gasses Ltd · until 09/06/2003

Compliance

Last accounts

31/05/2025

unaudited abridged

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

46180
Agents specialised in the sale of other particular products

Officers

Mr Paul Antony Valente

director · Since 16/05/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Paul Antony Valente

director · Since 16/05/2003

British · United Kingdom · Age 62

Former

Brian Albert Saunders

director · Resigned 31/12/2008

Healium Consulting Limited

corporate director · Resigned 31/03/2009

Philip Anthony Howlin

secretary · Resigned 31/07/2020

Philip Anthony Howlin

director · Resigned 31/07/2020

Persons with Significant Control

Mr Paul Antony Valente

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

British · United Kingdom · Age 62

The Orchard, Watergate, Plymouth, PL9 0EL

Notified 06/04/2016

Former PSCs

Mr Philip Anthony Howlin

Ceased 31/07/2020

Change History

officer appointedVALENTE, Paul Antony
2026-08-08
statusactive
2026-08-08

Active

typeltd
2026-08-08

Private Limited Company

address line1Field House Dark Lake View
2026-08-08

FIELD HOUSE DARK LAKE VIEW

post townPlymouth
2026-08-08

PLYMOUTH

CompanyRankvs 2577+ SIC 46180 peers
61

Financial strength45th percentile among SIC peers · 11/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 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.

Liquidity6/20 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 31/05/2025

Net Worth

£837

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£26k

Current Liabilities

£33k

Fixed Assets

£34k

Debtors

£15k

6avg. employees+4

Balance Sheet

Assets less current liabilities£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.80
20240.88
20231.44

Derived from filed accounts. Not audited figures.