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Fina Welding Fabrications Ltd

09503290

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 36 CORRINGHAM ROAD INDUSTRIAL ESTATE, GAINSBOROUGH, DN21 1QB
Incorporated 23/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Vito Marrone

director · Since 23/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Joseph Louis Marrone

director · Since 14/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 30

Mr Matteo Giuseppe Marrone

director · Since 14/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 30

Mr Grant Leslie Wilson

director · Since 27/03/2026

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Joseph Louis Marrone

25–50% shares
25–50% votes

British · England · Age 30

Unit 36, Corringham Road Industrial Estate, Gainsborough, DN21 1QB

Notified 30/03/2026

Mr Matteo Guiseppe Marrone

25–50% shares
25–50% votes

British · England · Age 30

Unit 36, Corringham Road Industrial Estate, Gainsborough, DN21 1QB

Notified 30/03/2026

Mr Grant Leslie Wilson

25–50% shares
25–50% votes

British · England · Age 34

Unit 36, Corringham Road Industrial Estate, Gainsborough, DN21 1QB

Notified 30/03/2026

Former PSCs

Mr Vito Marrone

Ceased 30/03/2026

Mrs Maria Bernadette Marrone

Ceased 30/03/2026

Mr John Marrone

Ceased 30/05/2025

CompanyRankvs 16114+ SIC 43999 peers
64

Financial strength70th percentile among SIC peers · 18/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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16114Fina Welding Fabrications Ltd
60
How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 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.

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 31/03/2026

Net Worth

£32k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£238k

Current Liabilities

£248k

Fixed Assets

£51k

Debtors

£184k

10avg. employees+1

Tax at Year End

Corp tax£31k

Balance Sheet

Assets less current liabilities£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.96—
20250.81—
20240.90-£27k
20231.09—

Derived from filed accounts. Not audited figures.