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Williams Engineering Solutions Limited

10996611

active
Private Limited Company
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 04/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Daniel William Weeks

director · Since 04/10/2017

ENGINEER

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mr Daniel William Weeks

75–100% shares
75–100% votes

British · England · Age 31

124, City Road, London, EC1V 2NX

Notified 04/10/2017

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 18/12/2023Registered 18/12/2023Satisfied 25/10/2024

CompanyRankvs 11802+ SIC 71129 peers
58

Financial strength61th percentile among SIC peers · 15/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£14k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£40k

Current Liabilities

£47k

Fixed Assets

£56k

Debtors

£40k

4avg. employees+2

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£50k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.87+£12
20231.32+£119
20220.83-£875
20211.70
202012.08£61k
20190.97+£2k
20180.52

Derived from filed accounts. Not audited figures.