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Brightarc Welding Limited

05726102

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

309 CANTERBURY ROAD, FOLKESTONE, CT18 7BB
Incorporated 01/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Glenn Robert Jex

secretary · Since 01/03/2006

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr Glenn Robert Jex

director · Since 01/03/2006

WELDER

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mrs Julie Patricia Jex

director · Since 01/03/2006

ADMINISTRATOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Glenn Robert Jex

25–50% shares
25–50% votes

British · England · Age 66

Vinters Business Park, New Cut Road, Maidstone, ME14 5NZ

Notified 06/04/2016

Mrs Julie Patricia Jex

25–50% shares
25–50% votes

British · England · Age 63

Vinters Business Park, New Cut Road, Maidstone, ME14 5NZ

Notified 06/04/2016

CompanyRankvs 289+ SIC 25110 peers
73

Financial strength87th percentile among SIC peers · 22/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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 30/04/2025

Net Worth

£911k

Balance sheet strength

Cash

£523k

Cash in the bank

Net Current Assets

£551k

Working capital

Current Assets

£612k

Current Liabilities

£61k

Fixed Assets

£363k

Debtors

£87k

6avg. employees

Balance Sheet

Assets less current liabilities£914k
Signed by Mr G Jex Mrs J Jex 16/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202510.01-£12k
20249.69+£13k
20237.49

Derived from filed accounts. Not audited figures.