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D Martin Welding Ltd

07342201

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 40 YOUNGS INDUSTRIAL ESTATE, PAICES HILL, READING, RG7 4PW
Incorporated 11/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

David Leslie Martin

director · Since 11/08/2010

WELDING

BRITISH · ENGLAND · Age 63

Mrs Karen Sandie Martin

secretary · Since 04/12/2014

Persons with Significant Control

David Leslie Martin

25–50% shares

British · England · Age 63

Unit 40, Youngs Industrial Estate, Paices Hill, Reading, RG7 4PW

Notified 30/06/2016

Mrs Karen Sandie Martin

25–50% shares

British · England · Age 55

Unit 40, Youngs Industrial Estate, Paices Hill, Reading, RG7 4PW

Notified 30/06/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 27/12/2012Registered 03/01/2013

CompanyRankvs 1506+ SIC 43220 peers
72

Financial strength97th percentile among SIC peers · 24/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 7.45× · 20/20
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 strength24/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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 31/08/2024

Net Worth

£484k

Balance sheet strength

Cash

£208k

Cash in the bank

Net Current Assets

£411k

Working capital

Current Assets

£475k

Current Liabilities

£64k

Fixed Assets

£73k

Debtors

£267k

2avg. employees

Tax at Year End

VAT£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20247.45-£7k£103k
20233.86+£170k£309k
20222.69+£131k£582k
20212.07+£70k£320k
20201.72+£31k£1.7M
20191.53-£38k—
20181.99——

Derived from filed accounts. Not audited figures.