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Wemec Ltd

08620828

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 1, SHEFFORD, SG17 5JU
Incorporated 23/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Carl Alan Wayland

director · Since 23/07/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr Andrew John Edward Mead

director · Since 12/05/2014

ENGINEER

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Former PSCs

Mr Carl Alan Wayland

Ceased 07/03/2022

Mr Andrew John Edward Mead

Ceased 07/03/2022

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/11/2021Registered 02/12/2021
Charge
outstanding

LLOYDS BANK PLC

Created 22/11/2021Registered 24/11/2021

CompanyRankvs 731+ SIC 71129 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity13 years trading (max 15) · 13/15
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.

Employees14/15 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.

Longevity13/15 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 30/06/2025

Net Worth

£885k

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£274k

Current Liabilities

£135k

Fixed Assets

£1.0M

Debtors

£167k

6avg. employees

Tax at Year End

Corp tax£71k
VAT£18k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr Carl Wayland 27th January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.03+£0£362k
20252.03+£92k£362k
20241.62-£44k£190k
20234.16

Derived from filed accounts. Not audited figures.