Wellgear Limited
09646403
Some Concerns
- Confirmation statement overdue (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 18/06/2025
Due 02/07/2026
Industry
Officers
director · Since 08/03/2016
DIRECTOR
BRITISH · SCOTLAND · Age 51
Also on 2 other boards
Former
director · Resigned 08/03/2016
director · Resigned 18/05/2016
director · Resigned 15/11/2017
Persons with Significant Control
Wellgear Group Bv
Burgemeester Grollemanweg 4, ., Assen, 9405 TN
Notified 06/04/2016
Change History
Active
Private Limited Company
INTERNATIONAL HOUSE
LONDON
CompanyRankvs 1003+ SIC 09100 peers28
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Turnover
£14.5M
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
£47k
Cash in the bank
Profit Before Tax
-£427k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£7.7M
Fixed Assets
£474k
Debtors
£15.6M
Cost of Sales
£12.7M
Gross Profit
£1.7M
Admin Expenses
£2.3M
Operating Profit
-£514k
Profit After Tax
-£898k
Tax at Year End
People Costs