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Welding Art Ltd

12835504

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

2 HOPEWELL ST, GLOUCESTER, GL1 4HG
Incorporated 25/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Vakkas Keser

director · Since 25/08/2020

MANAGING DIRECTOR

TURKISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Vakkas Keser

75–100% shares

Turkish · United Kingdom · Age 47

2, Hopewell St, Gloucester, GL1 4HG

Notified 25/08/2020

CompanyRankvs 10490+ SIC 43290 peers
57

Financial strength26th percentile among SIC peers · 7/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 13.42× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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10490Welding Art Ltd
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How is this score calculated?
Financial strength7/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£11k

Current Liabilities

£786

Fixed Assets

£700

Debtors

£8k

2avg. employees+3
Prepared with v2026.18.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent Ratio
202513.42
202413.89
202311.68

Derived from filed accounts. Not audited figures.