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P Hix Welding Services Limited

04834767

active
Private Limited Company
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

C/O GREGORY DISTRIBUTION LTD EVERCREECH JUNCTION, SHEPTON MALLET, BA4 6NA
Incorporated 16/07/2003

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 16/06/2025

Due 30/06/2026

On track

Industry

25620
Machining

Officers

Mr Paul Hix

director · Since 22/07/2003

FABRICATOR WELDER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Ms Jane Hix

secretary · Since 06/08/2025

Persons with Significant Control

Mr Paul Hix

75–100% shares

British · United Kingdom · Age 55

C/O Gregory Distribution Ltd, Evercreech Junction, Shepton Mallet, BA4 6NA

Notified 16/07/2016

CompanyRankvs 415+ SIC 25620 peers
78

Financial strength88th percentile among SIC peers · 22/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 21.52× · 20/20
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 strength22/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£1.3M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£65k

Fixed Assets

£12k

2avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
202521.52+£85k
202417.92+£80k
202314.98+£123k
202216.23+£93k
202113.25+£84k
202020.35+£4k
201916.02+£34k
201815.15

Derived from filed accounts. Not audited figures.