Wells Engineering Ltd
11405641
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Hannah Ruth Wells
British · United Kingdom · Age 38
1 Princes Court, Royal Way, Loughborough, LE11 5XR
Notified 08/06/2018
Mr Daniel John Wells
British · United Kingdom · Age 38
1 Princes Court, Royal Way, Loughborough, LE11 5XR
Notified 08/06/2018
CompanyRankvs 17790+ SIC 70229 peers75
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.
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
£67k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
£64k
Working capital
Current Assets
£99k
Current Liabilities
£35k
Fixed Assets
£2k
Debtors
£68k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 2.84 | -£5k | £246k |
| 2024 | 4.06 | -£27k | £213k |
| 2023 | 4.23 | — | £144k |
Derived from filed accounts. Not audited figures.