Betterweld Group Ltd
11826810
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/02/2025
unaudited abridged
Next accounts due
30/11/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
Persons with Significant Control
Mr Gary Llewellyn Gwynne
British · United Kingdom · Age 62
11826810 - Companies House Default Address, Cardiff, CF14 8LH
Notified 14/02/2019
Charges1 outstanding
HSBC UK BANK PLC
Change History
Active
Private Limited Company
BETTERWELD GROUP 3A BRADLEY PARK
RIPLEY
CompanyRankvs 2571+ SIC 71122 peers67
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
£238k
Balance sheet strength
Cash
£37k
Cash in the bank
Net Current Assets
£189k
Working capital
Current Assets
£379k
Current Liabilities
£190k
Fixed Assets
£309k
Debtors
£341k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.99 | +£158k |
| 2024 | 0.98 | +£13k |
| 2023 | 1.07 | +£11 |
| 2022 | 0.96 | +£33k |
| 2021 | 0.68 | +£36k |
| 2020 | 0.48 | — |
Derived from filed accounts. Not audited figures.