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Welkin Developments (Sw) Ltd

12957528

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 4 PENSILVA INDUSTRIAL ESTATE ST IVE ROAD, LISKEARD, PL14 5RE
Incorporated 16/10/2020

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Neil Hoskin

director · Since 16/10/2020

HOUSING DEVELOPER

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Mr Vincent Wilfred Welch

director · Since 16/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Persons with Significant Control

Mr Neil Hoskin

25–50% shares
25–50% votes

British · United Kingdom · Age 42

Prydis Accounts Limited, The Parade, Liskeard, PL14 6AF

Notified 16/10/2020

Mr Vincent Wilfred Welch

25–50% shares
25–50% votes

British · England · Age 42

Prydis Accounts Limited, The Parade, Liskeard, PL14 6AF

Notified 16/10/2020

CompanyRankvs 82842+ SIC 68100 peers
35

Financial strength35th percentile among SIC peers · 9/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value 1.2 Going concern The directors have assessed going concern and consider that there are no material uncertainties which may cast significant doubt about the company's ability to continue. For this reason

Key FinancialsYear ending 31/10/2025

Net Worth

£2

Balance sheet strength

Cash

£297k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£519k

Current Liabilities

£384k

Debtors

£221k

0avg. employees

Tax at Year End(2023)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.35
20241.30
20231.34

Derived from filed accounts. Not audited figures.