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Mw Systems (Uk) Limited

08010078

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

61A LOVE LANE, STOURBRIDGE, DY8 2DZ
Incorporated 28/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Daphne Philomena Welvaert

secretary · Since 28/03/2012

Mr Michael Dominic Welvaert

director · Since 28/03/2012

ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Persons with Significant Control

Mr Michael Dominic Welvaert

75–100% shares
75–100% votes

British · United Kingdom · Age 71

61a, Love Lane, Stourbridge, DY8 2DZ

Notified 06/04/2016

CompanyRankvs 8279+ SIC 71129 peers
64

Financial strength72th percentile among SIC peers · 18/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.5× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees1/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/03/2025

Net Worth

£31k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£55k

Current Liabilities

£36k

Fixed Assets

£18k

Debtors

£9k

0avg. employees-2

Tax at Year End

Corp tax£18k

Balance Sheet

Intangible assets£0
Assets less current liabilities£36k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£5k
20241.32-£24k
20231.79

Derived from filed accounts. Not audited figures.