Well Able Limited
11625794
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 19/10/2025
Due 02/11/2026
Industry
Officers
Persons with Significant Control
Gavin Sellars
British · United Kingdom · Age 78
Lindum House, Beels Road, Grimsby, DN41 8DN
Notified 16/10/2018
Bernard Sellars
British · United Kingdom · Age 52
Lindum House, Beels Road, Stallingborough, DN41 8DN
Notified 23/12/2018
Ulrika Sara Sellars
Swedish · United Kingdom · Age 54
Lindum House, Beels Road, Stallingborough, DN41 8DN
Notified 23/12/2018
Carly Sellars
British · United Kingdom · Age 46
Lindum House, Beels Road, Stallingborough, DN41 8DN
Notified 23/12/2018
Mr Gregg Sellars
British · United Kingdom · Age 48
Lindum House, Beels Road, Stallingborough, DN41 8DN
Notified 23/12/2018
Eileen Helen Sellars
British · United Kingdom · Age 74
Lindum House, Beels Road, Stallingborough, DN41 8DN
Notified 23/12/2018
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
HANDELSBANKEN PLC
CompanyRankvs 766+ SIC 64209 peers62
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con
Key FinancialsYear ending 31/12/2025
Turnover
£14.1M
Annual revenue
Net Worth
£3.9M
Balance sheet strength
Cash
£931k
Cash in the bank
Profit Before Tax
£1.4M
Bottom line earnings
Net Current Assets
£3.1M
Working capital
Current Assets
£5.4M
Current Liabilities
£2.3M
Fixed Assets
£1.3M
Debtors
£2.8M
Cost of Sales
£9.4M
Gross Profit
£4.7M
Admin Expenses
£3.3M
Operating Profit
£1.4M
Profit After Tax
£1.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.33 | +£2.2M |
| 2024 | 3.92 | +£155k |
| 2023 | 7.33 | — |
Derived from filed accounts. Not audited figures.