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Welcome & Co Uk Limited

12416897

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

33 LEEHOLME ROAD, BISHOP AUCKLAND, DL14 8HL
Incorporated 21/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Miss Preethi Sekar

director · Since 21/01/2020

BUSINESSWOMAN

INDIAN · ENGLAND · Age 35

Mr Elangovan Karuppannan

director · Since 01/05/2024

BUSINESS PERSON

INDIAN · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Miss Preethi Sekar

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 35

33, Leeholme Road, Bishop Auckland, DL14 8HL

Notified 21/01/2020

Mr Elangovan Karuppannan

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 39

33, Leeholme Road, Bishop Auckland, DL14 8HL

Notified 01/05/2024

Former PSCs

Mr Mani Sambathkumar

Ceased 09/01/2023

Charges1 outstanding

Charge
outstanding

NATWEST WESTMINSTER BANK PLC

Created 23/03/2026Registered 26/03/2026

CompanyRankvs 1735+ SIC 47240 peers
43

Financial strength86th percentile among SIC peers · 22/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1735Welcome & Co Uk Limited
53
How is this score calculated?
Financial strength22/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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.

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 30/09/2024

Net Worth

£67k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£59k

Current Liabilities

£151k

Fixed Assets

£205k

Debtors

£11k

3avg. employees-6

Balance Sheet

Intangible assets£200k
Assets less current liabilities£114k
Signed by Mr Elangovan Karuppannan 17/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39+£44k
20231.59+£8k
20222.18-£9k
20212.67—
20201.01—

Derived from filed accounts. Not audited figures.