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Greg Welch Furniture Ltd

10675722

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 18 BESSEMER PARK, HERNE HILL, SE24 0HG
Incorporated 17/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Gregory Robert Welch

director · Since 17/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Greg Welch

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

British · England · Age 48

18 Bessemer Park, 250 Milkwood Road, London, SE24 0HG

Notified 17/03/2017

CompanyRankvs 1592+ SIC 31090 peers
65

Financial strength79th percentile among SIC peers · 20/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.9× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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1592Greg Welch Furniture Ltd
61
How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 pts

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

Liquidity16/20 pts

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

Longevity9/15 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 31/03/2025

Net Worth

£53k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£90k

Current Liabilities

£47k

Fixed Assets

£11k

Debtors

£18k

1avg. employees

Balance Sheet

Assets less current liabilities£54k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.90-£85k
20242.58+£32k
20233.21—

Derived from filed accounts. Not audited figures.