Weltec Engineering(Uk) Ltd
07319658
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 26/09/2025
Due 10/10/2026
Industry
Officers
Persons with Significant Control
Mr Gerard O'Leary
Irish · Ireland · Age 56
45, Shaftesbury Avenue, Harrow, HA3 0RA
Notified 06/04/2016
CompanyRankvs 34917+ SIC 43210 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£40k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£39k
Working capital
Current Assets
£110
Current Liabilities
£39k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£2k |
| 2024 | 0.00 | -£1k |
| 2023 | 0.01 | -£1k |
| 2022 | 0.02 | +£39 |
| 2021 | 0.02 | -£2k |
| 2020 | 0.08 | -£2k |
| 2019 | 0.13 | — |
Derived from filed accounts. Not audited figures.