Back to search

Wadsworth Steelwork Services Limited

11081815

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

22 ULLSWATER DRIVE, LITTLEHAMPTON, BN17 6SS
Incorporated 24/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mrs Joy Evelyn Wadsworth

director · Since 24/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 77

Mr Kevin Robert John Wadsworth

director · Since 24/11/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Persons with Significant Control

Mr Kevin Robert John Wadsworth

25–50% shares

British · United Kingdom · Age 77

22, Ullswater Drive, Littlehampton, BN17 6SS

Notified 24/11/2017

Mrs Joy Evelyn Wadsworth

25–50% shares

British · England · Age 77

22, Ullswater Drive, Littlehampton, BN17 6SS

Notified 24/11/2017

CompanyRankvs 3178+ SIC 25110 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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 31/03/2025

Net Worth

-£69k

Balance sheet strength

Cash

£103k

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£121k

Current Liabilities

£212k

Fixed Assets

£27k

Debtors

£18k

2avg. employees

Balance Sheet

Assets less current liabilities-£64k
Signed by Mr Kevin Wadsworth 18 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57-£37k
20240.66-£25k
20230.91

Derived from filed accounts. Not audited figures.