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Welro Ltd

12477853

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

C/O EMMERSON ACCOUNTANCY LIMITED - BIZSPACE ATLANTIC STREET, ALTRINCHAM, WA14 5NQ
Incorporated 24/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mrs Nicola Jane Roff-Weli

director · Since 24/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Gayan Weli

director · Since 24/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mrs Nicola Jane Roff-Weli

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

British · England · Age 45

20 Anvil Way, Kennett, Newmarket, CB8 8GY

Notified 24/02/2020

Mr Gayan Weli

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

British · England · Age 45

20 Anvil Way, Kennett, Newmarket, CB8 8GY

Notified 24/02/2020

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/09/2020Registered 05/10/2020

CompanyRankvs 36420+ SIC 68100 peers
48

Financial strength21th percentile among SIC peers · 5/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees12/15 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.

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 28/02/2025

Net Worth

-£4k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£116k

Working capital

Current Assets

£225k

Current Liabilities

£110k

Profit After Tax

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£116k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05+£4k
20241.86-£621
20231.85+£3k
20221.80+£923
20212.61

Derived from filed accounts. Not audited figures.