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Phillip Rees Welding Limited

05539931

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Tir Bont Farm Foelgastell, Cefneithin, Llanelli, SA14 7HL
Incorporated 18/08/2005

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

33170
Repair and maintenance of other transport equipment
43290
Other construction installation

Officers

Mr Phillip Rees

director · Since 18/08/2005

WELDER AND STEEL FABRICATOR

BRITISH · WALES · Age 54

Also on 2 other boards

Anne Everall

secretary · Since 04/10/2008

BRITISH · Age 53

Also on 1 other board

Phillip Rees

director · Since 18/08/2005

British · Wales · Age 54

Anne Everall

secretary · Since 04/10/2008

British

Former

Margaret Violet Elliott

secretary · Resigned 04/10/2008

Persons with Significant Control

M4 Trailers Limited

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

Tir Bont Farm Foelgastell, Cefneithin, Llanelli, SA14 7HL

Reg: 06596065 · The Register Of Companies For England And Wales · Limited Company

Notified 13/02/2025

Former PSCs

Mr Phillip Rees

Ceased 13/02/2025

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 08/08/2008Registered 19/08/2008

Change History

officer appointed → EVERALL, Anne
2026-08-07
officer appointed → REES, Phillip
2026-08-07
status → active
2026-08-07

Active

type → ltd
2026-08-07

Private Limited Company

address line1 → Tir Bont Farm Foelgastell
2026-08-07

TIR BONT FARM FOELGASTELL

post town → Llanelli
2026-08-07

LLANELLI

CompanyRankvs 53+ SIC 33170 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£639k

Balance sheet strength

Cash

£568k

Cash in the bank

Net Current Assets

£639k

Working capital

Current Assets

£1.2M

Current Liabilities

£548k

Fixed Assets

£579k

Debtors

£539k

10avg. employees-2

Tax at Year End

Corp tax£30k

Balance Sheet

Assets less current liabilities£639k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£75k
20241.19+£92k
20231.08—

Derived from filed accounts. Not audited figures.