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Pipe Weld Fabrications Services Limited

06684671

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

WELLESLEY HOUSE, WATERLOOVILLE, PO7 7AN
Incorporated 29/08/2008

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 29/08/2025

Due 12/09/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr David Ivan Garth Meyer

director · Since 29/08/2008

ENGINEER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr David Ivan Garth Meyer

75–100% shares
75–100% votes

British · England · Age 54

Wellesley House, 204 London Road, Waterlooville, PO7 7AN

Notified 06/04/2016

CompanyRankvs 36976+ SIC 43999 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
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 strength1/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£45k

Balance sheet strength

Cash

£16

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

Current Liabilities

£31k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities-£29k
Signed by 06684671 2024-09-01 2025-08-31 06684671 2025-08-31 06684671 bus:OrdinaryShareClass1 2025-08-31 06684671 core:RetainedEarPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025-£9k
20240.04+£11k
20230.08

Derived from filed accounts. Not audited figures.