P Hix Welding Services Limited
04834767
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Next accounts due
30/04/2027
Confirmation statement
Last: 16/06/2025
Due 30/06/2026
Industry
Officers
director · Since 22/07/2003
FABRICATOR WELDER
BRITISH · ENGLAND · Age 55
Also on 1 other board
secretary · Since 06/08/2025
Persons with Significant Control
Mr Paul Hix
British · United Kingdom · Age 55
C/O Gregory Distribution Ltd, Evercreech Junction, Shepton Mallet, BA4 6NA
Notified 16/07/2016
CompanyRankvs 415+ SIC 25620 peers78
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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 31/07/2025
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 21.52 | +£85k |
| 2024 | 17.92 | +£80k |
| 2023 | 14.98 | +£123k |
| 2022 | 16.23 | +£93k |
| 2021 | 13.25 | +£84k |
| 2020 | 20.35 | +£4k |
| 2019 | 16.02 | +£34k |
| 2018 | 15.15 | — |
Derived from filed accounts. Not audited figures.