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M & D Welding (Gloucester) Limited

05630322

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNITS 1 & 2, STEADINGS BUSINESS CENTRE, GLOUCESTER, GL2 8EY
Incorporated 20/11/2005

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Mark Swankie

secretary · Since 20/11/2005

WELDING ENGINEER

BRITISH · UNITED KINGDOM · Age 47

Also on 4 other boards

Mr Desmond Douglas

director · Since 20/11/2005

WELDING ENGINEER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Mark Swankie

director · Since 20/11/2005

WELDING ENGINEER

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Desmond Douglas

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

Units 1 & 2, Steadings Business Centre, Maisemore, Gloucester, GL2 8EY

Notified 18/11/2016

Mr Mark Swankie

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

Units 1 & 2, Steadings Business Centre, Maisemore, Gloucester, GL2 8EY

Notified 18/11/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 29/01/2007Registered 30/01/2007

CompanyRankvs 1159+ SIC 25110 peers
58

Financial strength78th percentile among SIC peers · 20/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1159M & D Welding (Gloucester) Limited
68
How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 30/11/2024

Net Worth

£379k

Balance sheet strength

Cash

£199k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£215k

Current Liabilities

£205k

Fixed Assets

£467k

Debtors

£16k

2avg. employees-2

Tax at Year End

Corp tax£64k
VAT£17k

Director Loans

Company owes directors£8k

Balance Sheet

Assets less current liabilities£477k
Signed by Mr Mark Swankie 06/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.05+£4k£349k
20231.18+£96k£548k
20222.47+£201k£461k
20210.85+£17k£122k
20201.42-£41k£718k
20190.90-£222k£52k
20181.66——

Derived from filed accounts. Not audited figures.