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Marine Weld Fabrication Limited

05210166

active
Private Limited Company
england wales
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

Last accounts

31/01/2025

unaudited abridged

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 19/08/2026

Due 02/09/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mavis Bayley

secretary · Since 19/08/2004

BRITISH

Philip Bayley

director · Since 19/08/2004

DIRECTOR

BRITISH · ENGLAND

Persons with Significant Control

Mr Philip Bayley

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

British · United Kingdom

Notified 06/04/2016

Mrs Neciel Diongzon Bayley

25–50% shares

Filipino · England

Notified 27/10/2025

Former PSCs

Mrs Mavis Bayley

Ceased 30/10/2020

CompanyRankvs 1918+ SIC 25990 peers
75

Financial strength69th percentile among SIC peers · 17/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.9× · 16/20
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 strength17/25 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.

Liquidity16/20 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 31/01/2026

Net Worth

£206k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£248k

Current Liabilities

£131k

Fixed Assets

£168k

Debtors

£147k

10avg. employees-1

Balance Sheet

Assets less current liabilities£286k
Signed by Mr Philip Bayley 21 August 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.90-£42k
20252.78+£6k
20242.40+£37k
20232.31—

Derived from filed accounts. Not audited figures.