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Weldpress Ltd

11890509

active
Private Limited Company
england wales
Companies House
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

9 GLENBARR AVENUE, LEICESTER, LE4 0AE
Incorporated 19/03/2019

Compliance

Last accounts

31/03/2026

micro entity

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures
25610
Treatment and coating of metals
25990
Manufacture of other fabricated metal products

Officers

Mr Cristian-Ionut Albu

director · Since 19/03/2019

DIRECTOR

ROMANIAN · ENGLAND · Age 37

Persons with Significant Control

Mr Cristian-Ionut Albu

75–100% shares
75–100% votes
Appoint directors

Romanian · England · Age 37

9, Glenbarr Avenue, Leicester, LE4 0AE

Notified 19/03/2019

CompanyRankvs 2691+ SIC 25110 peers
45

Financial strength37th percentile among SIC peers · 9/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees8/15 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.

Longevity7/15 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 31/03/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£50k

Current Liabilities

£57k

Fixed Assets

£42k

3avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.88-£32k
20231.25-£52k
20223.00-£14k
20212.49+£101k
20200.86

Derived from filed accounts. Not audited figures.