G. B. Welding Limited
05518799
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/07/2005
BLAST CLEANER
BRITISH · ENGLAND · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Martin John Griffin
British · England · Age 60
Unit 35, Station Road Industrial Estate, Hailsham, BN27 2ER
Notified 26/07/2016
CompanyRankvs 3045+ SIC 25110 peers34
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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
-£13k
Balance sheet strength
Cash
£5
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£8k
Current Liabilities
£24k
Fixed Assets
£3k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | -£502 |
| 2024 | 0.34 | -£462 |
| 2023 | 0.35 | -£450 |
| 2022 | 0.36 | -£450 |
| 2021 | 0.37 | — |
Derived from filed accounts. Not audited figures.