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Wellington Tube Supplies Ltd

06051238

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WELLINGTON HOUSE 1 BETAM ROAD, MIDDLESEX, UB3 1SR
Incorporated 12/01/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Mr Daimon Vincent Wellington

director · Since 15/01/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mrs Carmela Annunziata Wellington

secretary · Since 01/08/2022

Persons with Significant Control

Mr Daimon Vincent Wellington

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

British · United Kingdom · Age 52

Wellington House 1, Betam Road, Middlesex, UB3 1SR

Notified 07/04/2016

Former PSCs

Mrs Carmela Annunziata Wellington

Ceased 15/10/2024

CompanyRankvs 34+ SIC 24200 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.25× · 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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34Wellington Tube Supplies Ltd
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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 31/07/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£713k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£292k

Fixed Assets

£24k

Debtors

£796k

8avg. employees-1

Balance Sheet

Assets less current liabilities£1.3M
Signed by Mr Daimon Wellington 22 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.25-£976k
202414.12+£280k
202317.18+£8k
20226.05+£403k
20218.38—

Derived from filed accounts. Not audited figures.