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Wel Medical Ltd

05714397

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

1 CHANCERYGATE WAY, FARNBOROUGH, GU14 8FF
Incorporated 20/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Jonathan Spencer Gilbrook

director · Since 01/10/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Jonathan Spencer Gilbrook

Significant control
significant-influence-or-control-as-firm

British · England · Age 60

1, Chancerygate Way, Farnborough, GU14 8FF

Notified 30/10/2016

Ironman 2019 Ltd

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

Springpark House, Basing View, Basingstoke, RG21 4HG

Reg: 12507999 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 10/03/2020

Former PSCs

Spencer Stuart Limited

Ceased 10/03/2020

Mr Ian Stuart Pearse

Ceased 31/01/2022

Canabeb Ltd

Ceased 10/03/2020

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/03/2021Registered 08/04/2021
Charge
outstanding

LLOYDS BANK PLC

Created 26/03/2021Registered 26/03/2021

CompanyRankvs 28193+ SIC 82990 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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 28/02/2025

Net Worth

£3.8M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£4.7M

Fixed Assets

£14k

Debtors

£3.9M

27avg. employees+1

Tax at Year End

Corp tax£313k

Balance Sheet

Intangible assets£40k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£806k
20241.85

Derived from filed accounts. Not audited figures.