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Wemco Limited

06890451

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

BROOKSIDE, NEWTON ABBOT, TQ12 4PH
Incorporated 28/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Jeremy Philip Vallance

director · Since 28/04/2009

ENGINEER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Kevin Michael Andrews

secretary · Since 19/02/2010

Also on 3 other boards

Mr Kevin Michael Andrews

director · Since 19/02/2010

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr Donald Ian Brooks

director · Since 25/04/2023

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Jn Electrical Ltd

50–75% shares
50–75% votes

Brookside, Collett Way, Newton Abbot, TQ12 4PH

Reg: 04853731 · England · Limited Company

Notified 01/11/2016

Merrymeet (Investment) Limited

25–50% shares

Merrymeet (Investment) Limited, One Courtenay Park, Newton Abbot, TQ12 2HD

Reg: 15351488 · England And Wales · Limited Company

Notified 12/06/2024

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 20/08/2009Registered 22/08/2009

CompanyRankvs 2114+ SIC 43220 peers
70

Financial strength91th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

£137k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£987k

Current Liabilities

£911k

Fixed Assets

£221k

Debtors

£807k

23avg. employees+1

Tax at Year End

Corp tax£62k
VAT£65k

Director Loans(2024)

Directors owe company£325

Balance Sheet

Assets less current liabilities£297k
Signed by Mr J P Vallance 01/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.08+£12k£1.3M
20241.11-£333k£1.6M
20231.50+£167k£3.6M
20221.79+£216k
20211.07-£4k
20201.13+£10k
20191.09

Derived from filed accounts. Not audited figures.