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A Welsh Connection (Homewares) Limited

09779440

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 TY COCH INDUSTRIAL ESTATE, CWMBRAN, NP44 7PG
Incorporated 16/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
47190
Other retail sale in non-specialised stores

Officers

Mr David Richard Carlyon

director · Since 16/09/2015

DIRECTOR

BRITISH · WALES · Age 53

Also on 5 other boards

Persons with Significant Control

Mr David Richard Carlyon

75–100% shares
Significant control

British · Wales · Age 53

6, Ty Coch Industrial Estate, Cwmbran, NP44 7PG

Notified 01/06/2016

Former PSCs

Mrs Ceri Elizabeth Carlyon

Ceased 01/11/2025

CompanyRankvs 2267+ SIC 46499 peers
48

Financial strength9th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength2/25 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 30/03/2024

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£59k

Current Liabilities

£61k

Fixed Assets

£14k

10avg. employees-1

Balance Sheet

Total assets£73k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£19k
20231.12-£18k
20220.94-£1k
20211.68

Derived from filed accounts. Not audited figures.