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Welsh Gymnastics Limited

05088631

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE SPORT WALES NATIONAL CENTRE, CARDIFF, CF11 9SW
Incorporated 30/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Mark Petherick

director · Since 17/09/2020

EXECUTIVE ASSISSTANT

WELSH · WALES · Age 58

Also on 2 other boards

Mr Tom Paul Beard

director · Since 05/12/2025

BRITISH · WALES · Age 42

Ms Carly Louise Hawke

director · Since 05/12/2025

BRITISH · WALES · Age 47

Professor Gareth Irwin

director · Since 05/12/2025

BRITISH · WALES · Age 53

Miss Leanne Kirsty Merrill

director · Since 05/12/2025

BRITISH · WALES · Age 34

Also on 1 other board

Miss Bethan Amey Richards

director · Since 05/12/2025

BRITISH · WALES · Age 37

Also on 1 other board

Mr Craiger Solomons

director · Since 05/12/2025

BRITISH · WALES · Age 37

Also on 1 other board

Mrs Helen Mary Alfano

director · Since 05/12/2025

BRITISH · UNITED KINGDOM · Age 42

Mrs Jennifer Waite

director · Since 05/12/2025

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Former PSCs

Miss Helen Margaret Phillips

Ceased 06/03/2018

CompanyRankvs 138+ SIC 94990 peers
78

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Society Of Genealogists(The)
90
2North & Western Lancashire Chamber Of Commerce
90
3The British Show Jumping Association
90
4The Feathers Association
90
5English Folk Dance And Song Society(The)
90
6Energy Industries Council
90
7Essex Wildlife Trust Limited
90
8The International Cotton Association Limited
90
9The Association For Decentralised Energy
90
10The Motor Cycle Industry Association Limited
90
138Welsh Gymnastics Limited
88
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Going concern The company has adequate resources to continue in operational existence for the foreseeable future. As there are no uncertainties about its ability to continue as a going concern, the di

Key FinancialsYear ending 31/03/2025

Net Worth

£300k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£694k

Working capital

Current Assets

£1.3M

Current Liabilities

£567k

Fixed Assets

£50k

Debtors

£148k

Profit After Tax

-£36k

28avg. employees+2

Balance Sheet

Intangible assets£17k
Assets less current liabilities£744k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22+£0
20242.05+£0
20231.81+£0
20221.90+£83k
20211.97-£509k
20203.97+£112k
20193.39—

Derived from filed accounts. Not audited figures.