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Valmech Welding Limited

10014039

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

ARTEMIS HOUSE, STOCKPORT, SK3 8AB
Incorporated 18/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Simon Waller

director · Since 18/02/2016

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Michael Cornwell

secretary · Since 06/11/2025

Mr Michael Blake Hughes Bsc Hons Aca

director · Since 06/11/2025

BRITISH · UNITED KINGDOM · Age 57

Also on 56 other boards

Mr Denis Adrian O'Sullivan

director · Since 06/11/2025

IRISH · UNITED KINGDOM · Age 54

Also on 26 other boards

Mr David Matthew Snowball

director · Since 06/11/2025

BRITISH · UNITED KINGDOM · Age 46

Also on 49 other boards

Persons with Significant Control

Ocu Utility Services Limited

75–100% shares
75–100% votes
Appoint directors

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 peers
85

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.18× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 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

17avg. employees+3

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£1.3M
Signed by 10014039 2024-03-01 2025-02-28 10014039 2025-02-28 10014039 bus: 1 1 2025-02-28 10014039 bus:OrdinaryShareClass1 bus:CumPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.18+£331k
20241.75+£681k
20231.40+£13k
20221.44+£23k
20211.41+£27k
20201.40+£67k
20191.13-£62k
20181.55

Derived from filed accounts. Not audited figures.