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Wellie Rigging Ltd

08772445

active
Private Limited Company
england wales
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

8 MILSOM CLOSE, READING, RG2 9DS
Incorporated 12/11/2013

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/05/2026

Due 26/05/2027

On track

Industry

43999
Specialised construction activities

Officers

Mr Paul Anthony Wellstead

director · Since 12/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Paul Anthony Wellstead

50–75% shares

British · England · Age 62

8, Milsom Close, Reading, RG2 9DS

Notified 12/11/2016

Mrs Tracey-Anne Wellstead

25–50% shares

British · England · Age 55

8, Milsom Close, Reading, RG2 9DS

Notified 12/05/2023

CompanyRankvs 4685+ SIC 43999 peers
78

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.41× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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4685Wellie Rigging Ltd
77
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.

Employees9/15 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.

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

£137k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£133k

Current Liabilities

£30k

Fixed Assets

£36k

2avg. employees

Balance Sheet

Assets less current liabilities£139k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.41+£7k
20236.09—

Derived from filed accounts. Not audited figures.