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Welling And District Model Engineering Society

11976555

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 02/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities
85590
Other education
93290
Other amusement and recreation activities
94990
Activities of other membership organisations

Officers

Mr Andrew Houston

director · Since 02/05/2019

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 78

Mr Alan Francis Philpot

director · Since 02/05/2019

NONE

BRITISH · ENGLAND · Age 93

Mr Vincent Alfred Arpino

director · Since 05/05/2022

RETIRED

ENGLISH · ENGLAND · Age 87

CompanyRankvs 5580+ SIC 71129 peers
67

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 10.32× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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5580Welling And District Model Engineering Society
67
How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2024

Net Worth

£275k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£47k

Current Liabilities

£5k

Fixed Assets

£233k

0avg. employees

Balance Sheet

Assets less current liabilities£275k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.32-£15k
202316.55-£14k
20221.85+£194k
20213.81+£13k
202054.46-£6k
201940.63—

Derived from filed accounts. Not audited figures.