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Welch Residential Limited

10259160

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

10 BARRASFORD CLOSE, NEWCASTLE UPON TYNE, NE3 4RG
Incorporated 01/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr William Andrew Welch

director · Since 01/07/2016

PROFESSIONAL RUGBY PLAYER

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

William Welch

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

British · United Kingdom · Age 36

10, Barrasford Close, Newcastle Upon Tyne, NE3 4RG

Notified 01/07/2016

Charges6 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 02/12/2022Registered 16/12/2022
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 17/11/2022Registered 18/11/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 11/06/2021Registered 30/06/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 23/11/2020Registered 26/11/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/10/2020Registered 04/11/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 18/10/2019Registered 22/10/2019

CompanyRankvs 142285+ SIC 68209 peers
36

Financial strength64th percentile among SIC peers · 16/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£18k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£109k

Working capital

Current Assets

£14k

Current Liabilities

£123k

Fixed Assets

£518k

Debtors

£6k

0avg. employees
Prepared with v2026.13.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11+£0
20250.11+£35k
20240.09+£9k
20230.05-£17k
20220.04-£13k
2021-£12k
201913.27
20184.57

Derived from filed accounts. Not audited figures.