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World Wide Welding Ltd

08139592

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

UNITS 1 & 2 NIGHTINGALE PLACE SIDESTRAND, WOLVERHAMPTON, WV9 5HF
Incorporated 11/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Florin Cristian Oros

director · Since 24/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Mr Philip Andrew Chew

director · Since 17/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Persons with Significant Control

Db Services (Wolverhampton) Ltd

25–50% shares
25–50% votes

21, High Street, Lutterworth, LE17 4AT

Reg: 08259769 · Uk Companies House · Private Company Limited By Shares

Notified 06/04/2016

Jedapc Limited

25–50% shares
25–50% votes

Barnfield House, White Coppice, Chorley, PR6 9DF

Reg: 08260355 · Uk Companies House · Private Company Limited By Shares

Notified 06/04/2016

Hong Kong Goldland Limited

25–50% shares
25–50% votes

11/F, Capital Centre, Wanchai

Reg: 1120190 · Hong Kong · Limited Company

Notified 06/01/2022

Former PSCs

Mrs Louise Katherine Boffey

Ceased 28/11/2019

Mr John Robert Boffey

Ceased 28/11/2019

Mr John Robert Boffey

Ceased 06/01/2022

CompanyRankvs 1198+ SIC 32990 peers
84

Financial strength92th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.74× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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1198World Wide Welding Ltd
83
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.3M

Current Liabilities

£856k

Fixed Assets

£52k

Debtors

£943k

9avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Intangible assets£42k
Assets less current liabilities£1.5M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.74+£22k
20232.48+£162k
20222.13+£390k
20211.81—

Derived from filed accounts. Not audited figures.