Joelco Limited
09329589
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/11/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
Persons with Significant Control
Mr Joel John Convery
British · United Kingdom · Age 49
16, Pelaw Bank, Chester Le Street, DH3 3TL
Notified 06/04/2016
Mrs Kelly Anne Convery
British · England · Age 46
16, Pelaw Bank, Chester Le Street, DH3 3TL
Notified 06/04/2016
CompanyRankvs 4618+ SIC 62020 peers82
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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
£283k
Balance sheet strength
Cash
£235k
Cash in the bank
Net Current Assets
£254k
Working capital
Current Assets
£292k
Current Liabilities
£38k
Fixed Assets
£39k
Debtors
£57k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.65 | +£171k |
| 2024 | 2.57 | +£57k |
| 2023 | 2.17 | — |
Derived from filed accounts. Not audited figures.