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Littlehampton Welding Group Holdings Limited

06521927

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

RIVERSIDE WORKS, LITTLEHAMPTON, BN17 5DF
Incorporated 03/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Neil Edward Fry

director · Since 03/03/2008

MANAGER

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Neil Edward Fry

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

British · United Kingdom · Age 53

Riverside Works, Riverside Industrial Estate, Littlehampton, BN17 5DF

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 27/04/2023Registered 02/05/2023Satisfied 29/09/2023

CompanyRankvs 5363+ SIC 71129 peers
71

Financial strength100th percentile among SIC peers · 25/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£4.7M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

-£798k

Working capital

Current Assets

£1.5M

Current Liabilities

£2.3M

Debtors

£148k

2avg. employees

Tax at Year End(2020)

Corp tax£0

Balance Sheet

Assets less current liabilities£5.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65+£4.1M
20230.10+£584k
20220.01+£0
20210.01+£0
20200.02-£24k
20190.02+£0
20180.09

Derived from filed accounts. Not audited figures.