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Welland Valley Removals Ltd

11642858

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 68 PULLMAN ROAD, LEICESTER, LE18 2DB
Incorporated 25/10/2018

Compliance

Last accounts

31/10/2023

total exemption full

Next accounts due

31/07/2025

Overdue

Confirmation statement

Last: 18/10/2024

Due 01/11/2025

Overdue

Industry

49420
Removal services

Officers

Thomas Oliver Bates

director · Since 25/10/2018

British

CompanyRankvs 16740+ SIC 49420 peers
55

Financial strength46th percentile among SIC peers · 12/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees14/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2022

Net Worth

£591

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£112k

Current Liabilities

£122k

Fixed Assets

£45k

Debtors

£22k

11avg. employees+6

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities£35k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20220.91
20211.09

Derived from filed accounts. Not audited figures.