Mid & West Wales Welding Ltd
08143055
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/07/2012
DIRECTOR
BRITISH · WALES · Age 44
Also on 1 other board
Persons with Significant Control
Mr Geraint John Vince
British · Wales · Age 44
Unit 9, Treowain Enterprise Park, Machynlleth, SY20 8EG
Notified 13/07/2016
Mrs Rebecca Vince
British · Wales · Age 52
Unit 9, Treowain Enterprise Park, Machynlleth, SY20 8EG
Notified 12/05/2025
Former PSCs
Mr Aidan Luke Vince-Holt
Ceased 12/05/2025
CompanyRankvs 1098+ SIC 25110 peers73
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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 31/03/2025
Net Worth
£125k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£96k
Working capital
Current Assets
£222k
Current Liabilities
£135k
Fixed Assets
£88k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.64 | +£3k |
| 2024 | 1.77 | +£25k |
| 2023 | 1.75 | — |
Derived from filed accounts. Not audited figures.