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Ktm Welding & Fabrications Ltd

09311174

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O HUNTS ACCOUNTANTS LIMITED THE OLD PUMP HOUSE, SHERBORNE, DT9 3RX
Incorporated 14/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Matthew John Wigley

director · Since 14/11/2014

WELDING FABRICATOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Thomas James Wigley

director · Since 14/11/2014

WELDING FABRICATOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Wigley Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

The Old Pump House, Oborne Road, Sherborne, DT9 3RX

Reg: 15423903 · Wigley Holdings Ltd · Limited Company

Notified 18/01/2024

Former PSCs

Mr Matthew John Wigley

Ceased 18/01/2024

Mr Thomas James Wigley

Ceased 18/01/2024

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2022Registered 17/08/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/06/2022Registered 29/06/2022

CompanyRankvs 3356+ SIC 25990 peers
53

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 pts

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

Liquidity6/20 pts

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

Longevity12/15 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 30/11/2025

Net Worth

£350k

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

-£142k

Working capital

Current Assets

£356k

Current Liabilities

£498k

Fixed Assets

£789k

Debtors

£191k

9avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£646k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71-£95k
20240.99-£269k
20232.34

Derived from filed accounts. Not audited figures.