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Weld Safe Products Limited

09501970

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

5 BARNFIELD CRESCENT, EXETER, EX1 1QT
Incorporated 20/03/2015

Compliance

Last accounts

09/08/2024

unaudited abridged

Next accounts due

09/05/2026

Overdue

Confirmation statement

Last: 20/03/2024

Due 03/04/2025

Overdue

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Julie Marie Conway

director · Since 20/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Mark Eric Platt

director · Since 20/03/2015

DIRECTOR

BRITISH · WALES · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Mark Eric Platt

50–75% shares

British · Wales · Age 58

5, Barnfield Crescent, Exeter, EX1 1QT

Notified 06/04/2016

Mrs Julie Marie Conway

25–50% shares

British · United Kingdom · Age 62

5, Barnfield Crescent, Exeter, EX1 1QT

Notified 06/04/2016

Insolvency History1 case

members voluntary liquidation26/09/2024

David Gerard Kirk (practitioner) · Daniel Jeeves (practitioner)

CompanyRankvs 15+ SIC 25990 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 6.46× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity11/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 09/08/2024

Net Worth

£897k

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£897k

Working capital

Current Assets

£1.1M

Current Liabilities

£164k

Debtors

£30k

2avg. employees

Balance Sheet

Assets less current liabilities£897k
Signed by Mr Mark Platt 05/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.46+£337k
20234.96

Derived from filed accounts. Not audited figures.