Weld Safe Products Limited
09501970
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/03/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
Persons with Significant Control
Mr Mark Eric Platt
British · Wales · Age 58
5, Barnfield Crescent, Exeter, EX1 1QT
Notified 06/04/2016
Mrs Julie Marie Conway
British · United Kingdom · Age 61
5, Barnfield Crescent, Exeter, EX1 1QT
Notified 06/04/2016
CompanyRankvs 12620+ SIC 25990 peers74
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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 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
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 6.46 | +£337k | — |
| 2023 | 4.96 | +£190k | — |
| 2022 | 8.52 | +£67k | — |
| 2021 | 7.95 | +£21k | £237k |
| 2020 | 5.59 | +£45k | £232k |
| 2019 | 6.52 | — | — |
Derived from filed accounts. Not audited figures.