Welland Valley Removals Ltd
11642858
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/10/2023
total exemption full
Next accounts due
31/07/2025
Confirmation statement
Last: 18/10/2024
Due 01/11/2025
Industry
Officers
Persons with Significant Control
Mr Thomas Bates
British · United Kingdom · Age 36
Sunfield, Calmlands Road, Holmfirth, HD9 4JD
Notified 25/10/2018
Insolvency History1 case
Molly Monks (practitioner)
CompanyRankvs 2732+ SIC 49420 peers34
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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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2023
Net Worth
-£33k
Balance sheet strength
Cash
£84k
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£130k
Current Liabilities
£159k
Fixed Assets
£21k
Debtors
£42k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.82 | — |
| 2022 | 0.91 | — |
| 2021 | 1.09 | +£51k |
| 2020 | 0.62 | — |
| 2019 | 0.35 | — |
Derived from filed accounts. Not audited figures.