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Joint Welding And Fabrication Ltd

11948730

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

JOINT WELDING AND FABRICATION LTD, BILSTON, WV14 7JY
Incorporated 16/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Simon Bruce Purnell

director · Since 16/04/2019

FABRICATOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Daniel Elliott Bills

director · Since 01/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Simon Bruce Purnell

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

British · England · Age 49

Joint Welding And Fabrication Ltd, Dale Street, Bilston, WV14 7JY

Notified 16/04/2019

Mr Daniel Elliott Bills

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm

British · England · Age 39

Joint Welding And Fabrication Ltd, Dale Street, Bilston, WV14 7JY

Notified 01/05/2021

CompanyRankvs 4002+ SIC 25990 peers
56

Financial strength69th percentile among SIC peers · 17/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.89× · 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 strength17/25 pts

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

Employees11/15 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 28/04/2025

Net Worth

£202k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£307k

Current Liabilities

£344k

Fixed Assets

£311k

9avg. employees+2

Balance Sheet

Assets less current liabilities£273k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£185k
20240.69-£87k
20231.25

Derived from filed accounts. Not audited figures.