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G T Welding Limited

05307583

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

57 SOUTHEND ROAD, ESSEX, RM17 5NL
Incorporated 08/12/2004

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

43999
Specialised construction activities

Officers

Vicky Louise Thompson

secretary · Since 14/12/2004

BRITISH · Age 43

Mr Gary Thompson

director · Since 14/12/2004

WELDER

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Gary Thompson

Significant control

British · England · Age 65

57 Southend Road, Essex, RM17 5NL

Notified 01/12/2016

CompanyRankvs 33626+ SIC 43999 peers
43

Financial strength10th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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33626G T Welding Limited
39
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2025

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£18k

Current Liabilities

£21k

Fixed Assets

£6

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with BTCSoftware AP Solution 2025 12.3.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£3k
20240.73-£308
20230.69-£2k
20220.77+£5k
20210.57—

Derived from filed accounts. Not audited figures.