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Well Able Limited

11625794

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

LINDUM HOUSE BEELS ROAD, GRIMSBY, DN41 8DN
Incorporated 16/10/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/10/2025

Due 02/11/2026

On track

Industry

64209
Activities of other holding companies

Officers

Bernard Sellars

director · Since 24/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Gregg Sellars

director · Since 24/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Gavin Sellars

25–50% shares

British · United Kingdom · Age 78

Lindum House, Beels Road, Grimsby, DN41 8DN

Notified 16/10/2018

Bernard Sellars

Significant control

British · United Kingdom · Age 52

Lindum House, Beels Road, Stallingborough, DN41 8DN

Notified 23/12/2018

Ulrika Sara Sellars

Significant control

Swedish · United Kingdom · Age 54

Lindum House, Beels Road, Stallingborough, DN41 8DN

Notified 23/12/2018

Carly Sellars

Significant control

British · United Kingdom · Age 46

Lindum House, Beels Road, Stallingborough, DN41 8DN

Notified 23/12/2018

Mr Gregg Sellars

Significant control

British · United Kingdom · Age 48

Lindum House, Beels Road, Stallingborough, DN41 8DN

Notified 23/12/2018

Eileen Helen Sellars

25–50% shares

British · United Kingdom · Age 74

Lindum House, Beels Road, Stallingborough, DN41 8DN

Notified 23/12/2018

Charges1 outstanding

A registered charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2026Registered 22/06/2026
Charge
satisfied

HANDELSBANKEN PLC

Created 01/09/2020Registered 01/09/2020Satisfied 05/03/2026

CompanyRankvs 766+ SIC 64209 peers
62

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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.

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

55avg. employees+52

Tax at Year End

Corp tax£342k
Dividends paid-£560k

People Costs

Wages & salaries£2.2M
NI contributions£227k

Balance Sheet

Intangible assets-£298k
Interest payable£61k
Assets less current liabilities£4.4M
Signed by B Sellars G Sellars 07/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.33+£2.2M
20243.92+£155k
20237.33—

Derived from filed accounts. Not audited figures.