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Marine Weld Fabrication Limited

05210166

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 FOLGATE ROAD, NORFOLK, NR28 0AJ
Incorporated 19/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mavis Bayley

secretary · Since 19/08/2004

BRITISH · Age 66

Philip Bayley

director · Since 19/08/2004

DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Philip Bayley

50–75% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 67

Orchard House, 5 The Paddocks, North Walsham Road, Norwich, NR12 0LN

Notified 06/04/2016

Mrs Neciel Diongzon Bayley

25–50% shares

Filipino · England · Age 37

5 Folgate Road, Norfolk, NR28 0AJ

Notified 27/10/2025

Former PSCs

Mrs Mavis Bayley

Ceased 30/10/2020

CompanyRankvs 886+ SIC 25990 peers
80

Financial strength71th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.78× · 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 strength18/25 pts

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

Employees12/15 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 31/01/2025

Net Worth

£248k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£289k

Current Liabilities

£104k

Fixed Assets

£160k

Debtors

£223k

11avg. employees+2

Balance Sheet

Assets less current liabilities£345k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.78+£6k
20242.40+£37k
20232.31

Derived from filed accounts. Not audited figures.