Back to search

M & D Welding (Gloucester) Limited

05630322

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 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 48

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 48

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 48

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 1286+ SIC 25110 peers
46

Financial strength70th percentile among SIC peers · 18/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1J.B.Corrie And Company Limited
90
2C.F.Struthers Limited
90
3Wernick Buildings Limited
90
4William Twigg (Matlock) Limited
90
5J.Wareing & Son (Wrea Green) Limited
90
6Newfield Fabrications Company Limited
90
7Caunton Engineering Limited
90
8Altron Communications Equipment Limited
90
9Optima Products Limited
90
10J.A. Harvey (Bassingham) Limited
90
1286M & D Welding (Gloucester) Limited
66
How is this score calculated?
Financial strength18/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/11/2025

Net Worth

£203k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£87k

Current Liabilities

£71k

Fixed Assets

£210k

Debtors

£17k

2avg. employees

Tax at Year End

Corp tax£38k
VAT£19k

Director Loans

Company owes directors£128

Balance Sheet

Assets less current liabilities£226k
Signed by Mr Mark Swankie 26/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.23-£176k£385k
20241.05+£4k£349k
20231.18—£548k

Derived from filed accounts. Not audited figures.