Valmech Welding Limited
10014039
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/02/2016
MECHANICAL ENGINEER
BRITISH · ENGLAND · Age 59
Also on 4 other boards
secretary · Since 06/11/2025
director · Since 06/11/2025
BRITISH · UNITED KINGDOM · Age 57
Also on 56 other boards
director · Since 06/11/2025
IRISH · UNITED KINGDOM · Age 54
Also on 26 other boards
director · Since 06/11/2025
BRITISH · UNITED KINGDOM · Age 46
Also on 49 other boards
Persons with Significant Control
Ocu Utility Services Limited
Artemis House, 6-8 Greek Street, Stockport, SK3 8AB
Reg: 02916906 · Companies House · Limited By Shares
Notified 06/11/2025
Former PSCs
Mr Simon Waller
Ceased 06/11/2025
Mrs Diane Waller
Ceased 06/11/2025
CompanyRankvs 750+ SIC 43290 peers85
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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 28/02/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£202k
Cash in the bank
Net Current Assets
£928k
Working capital
Current Assets
£1.4M
Current Liabilities
£427k
Fixed Assets
£402k
Debtors
£791k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.18 | +£331k |
| 2024 | 1.75 | +£681k |
| 2023 | 1.40 | +£13k |
| 2022 | 1.44 | +£23k |
| 2021 | 1.41 | +£27k |
| 2020 | 1.40 | +£67k |
| 2019 | 1.13 | -£62k |
| 2018 | 1.55 | — |
Derived from filed accounts. Not audited figures.