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Proweldco Limited

09916937

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

14 INGLEBOROUGH WAY, NORTHAMPTON, NN5 6DY
Incorporated 15/12/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Gigi-Mirel Bica

director · Since 15/12/2015

WELDING

ROMANIAN · ENGLAND · Age 40

Persons with Significant Control

Mr Gigi-Mirel Bica

75–100% shares

Romanian · England · Age 40

14, Ingleborough Way, Northampton, NN5 6DY

Notified 06/04/2016

CompanyRankvs 6211+ SIC 25990 peers
31

Financial strength12th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength3/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/12/2024

Net Worth

-£241

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

Current Liabilities

£8k

0avg. employees

Tax at Year End(2020)

VAT£3k

Director Loans(2020)

Company owes directors£3k
Directors owe company£4k

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioEst. Revenue
20233.06
20225.53
20218.14
20201.00£52k
20191.00£50k
20181.00£40k

Derived from filed accounts. Not audited figures.