Weldlag Limited
10764853
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/05/2017
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Mr Paul Anthony Whitfield
British · England · Age 51
Vantage House Euxton Lane, Euxton, Chorley, PR7 6TB
Notified 11/05/2017
Charges1 outstanding
RBS INVOICE FINANCE LIMITED
CompanyRankvs 15379+ SIC 43999 peers55
Show leaderboard
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.
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 31/05/2025
Net Worth
£121k
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£248k
Current Liabilities
£250k
Fixed Assets
£260k
Debtors
£209k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | +£0 |
| 2025 | 0.99 | -£58k |
| 2024 | 1.07 | +£12k |
| 2023 | 1.25 | — |
Derived from filed accounts. Not audited figures.