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Pws Welder Training Services Ltd

07829175

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

ENDEAVOUR HOUSE 7 ENTERPRISE WAY, SPALDING, PE11 3YR
Incorporated 31/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Alan Albert Machin

director · Since 31/10/2011

WELDER

BRITISH · UNITED KINGDOM · Age 79

Mrs Pearl Machin

director · Since 31/10/2011

SECRETARY

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Mrs Pearl Machin

25–50% shares

British · England · Age 78

Endeavour House, 7 Enterprise Way, Spalding, PE11 3YR

Notified 06/04/2016

Mr Alan Albert Machin

50–75% shares

British · England · Age 79

Endeavour House, 7 Enterprise Way, Spalding, PE11 3YR

Notified 06/04/2016

CompanyRankvs 1555+ SIC 85590 peers
82

Financial strength84th percentile among SIC peers · 21/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£31k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£36k

Current Liabilities

£10k

Fixed Assets

£6k

Debtors

£3k

Profit After Tax

£28k

2avg. employees

Tax at Year End

Corp tax£7k
Dividends paid£33k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£32k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66-£5k
20233.33+£14k
20222.96-£19k
20214.01

Derived from filed accounts. Not audited figures.