Welland Wheels Limited
12828191
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 20/08/2025
Due 03/09/2026
Industry
Officers
secretary · Since 02/12/2024
Persons with Significant Control
Mr Nevil Ireland
British · United Kingdom · Age 64
Units 1 And 2 The Yard, Southern Cross Farm, Forthampton, GL19 4QJ
Notified 21/08/2020
Charges2 outstanding
GROSVENOR FUNDING LTD
NATIONWIDE FINANCE LIMITED
CompanyRankvs 4746+ SIC 49390 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
-£1000k
Balance sheet strength
Cash
£805
Cash in the bank
Net Current Assets
-£743k
Working capital
Current Assets
£80k
Current Liabilities
£823k
Fixed Assets
£1.3M
Debtors
£79k
Tax at Year End(2023)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.10 | -£583k | — |
| 2023 | 0.10 | — | £130k |
Derived from filed accounts. Not audited figures.