Welland Power Limited
07193695
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/03/2010
MARKETING
BRITISH · ENGLAND · Age 45
Also on 4 other boards
secretary · Since 09/02/2022
Persons with Significant Control
Xeinz Group Limited
Welland Business Park, Clay Lake, Spalding, PE12 6BL
Reg: 00479009 · Companies House · Company Limited By Shares
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
HSBC BANK PLC
CompanyRankvs 510+ SIC 27110 peers64
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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 director with respect to going con
Key FinancialsYear ending 31/03/2025
Turnover
£14.9M
Annual revenue
Net Worth
£3.6M
Balance sheet strength
Cash
£813k
Cash in the bank
Profit Before Tax
£13k
Bottom line earnings
Net Current Assets
£3.2M
Working capital
Current Assets
£6.7M
Current Liabilities
£3.5M
Fixed Assets
£696k
Debtors
£1.7M
Cost of Sales
£13.3M
Gross Profit
£1.5M
Admin Expenses
£1.5M
Operating Profit
£68k
Profit After Tax
£21k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.91 | +£21k |
| 2024 | 2.68 | +£71k |
| 2023 | 1.78 | +£349k |
| 2022 | 1.49 | +£36k |
| 2021 | 2.03 | +£62k |
| 2020 | 1.79 | -£69k |
| 2019 | 1.83 | — |
Derived from filed accounts. Not audited figures.