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King Welsh Ltd

10325054

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 4 MARINERS COURT NORTH QUAY, PLYMOUTH, PL4 0BS
Incorporated 11/08/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Peter Robert Welsh Bsc Hons

director · Since 15/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mrs Sarah Alice Best

director · Since 01/01/2023

SURVEYOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Mr Peter Robert Welsh

50–75% shares
25–50% votes

British · England · Age 44

Moor View, Down House Farm, Tavistock, PL19 8NH

Notified 02/10/2017

Mrs Sarah Alice Best

25–50% shares
25–50% votes

British · United Kingdom · Age 52

4 Wotter Bungalows, Wotter, Plymouth, PL7 5HW

Notified 01/12/2023

Former PSCs

Mr Adrian Charles King

Ceased 30/03/2023

Mrs Clare Helen King

Ceased 02/10/2017

Mrs Clare Helen King

Ceased 31/08/2023

CompanyRankvs 2333+ SIC 68320 peers
83

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.53× · 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 strength23/25 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 31/12/2024

Net Worth

£125k

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£171k

Current Liabilities

£48k

Fixed Assets

£12k

Debtors

£57k

6avg. employees+1

Tax at Year End(2018)

Corp tax£8k

Balance Sheet

Assets less current liabilities£135k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.53+£41k
20233.46+£10k
20223.84-£1k
20214.14+£3k
20203.21+£31k
20191.38+£34k
20180.95

Derived from filed accounts. Not audited figures.