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Weld Safe Products Limited

09501970

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Julie Marie Conway

director · Since 20/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

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 61

5, Barnfield Crescent, Exeter, EX1 1QT

Notified 06/04/2016

CompanyRankvs 12620+ SIC 25990 peers
74

Financial strength86th percentile among SIC peers · 22/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 6.46× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

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

Tax at Year End(2021)

Corp tax£9k
VAT£12k

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20246.46+£337k
20234.96+£190k
20228.52+£67k
20217.95+£21k£237k
20205.59+£45k£232k
20196.52

Derived from filed accounts. Not audited figures.