Welcome Furniture Ltd.
06713485
Healthy
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2008
GENERAL MANAGER
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
director · Since 30/01/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 16 other boards
director · Since 23/07/2021
DIRECTOR
BRITISH · WALES · Age 46
Also on 3 other boards
Charges5 outstanding
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CompanyRankvs 673+ SIC 31090 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£2.0M
Balance sheet strength
Cash
£32k
Cash in the bank
Profit Before Tax
£206k
Bottom line earnings
Net Current Assets
£1.7M
Working capital
Current Assets
£13.7M
Current Liabilities
£11.9M
Fixed Assets
£1.3M
Debtors
£9.5M
Cost of Sales
£20.0M
Admin Expenses
£4.1M
Profit After Tax
£129k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.15 | +£129k |
| 2024 | 1.12 | +£209k |
| 2023 | 1.17 | -£86k |
| 2022 | 1.27 | +£394k |
| 2021 | 1.32 | +£356k |
| 2020 | 1.24 | — |
Derived from filed accounts. Not audited figures.