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Angus Welding & Fabrication Ltd.

13103370

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 CRAGTON GARDENS, BLYTH, NE24 5PR
Incorporated 30/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
33110
Repair of fabricated metal products

Officers

Mr Darren Angus

director · Since 30/12/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Persons with Significant Control

Mr Darren Angus

75–100% shares
75–100% votes

British · United Kingdom · Age 32

20, Cragton Gardens, Blyth, NE24 5PR

Notified 30/12/2020

CompanyRankvs 6064+ SIC 25990 peers
36

Financial strength10th percentile among SIC peers · 3/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

-£1k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£18k

Current Liabilities

£28k

Fixed Assets

£10k

Debtors

£14k

2avg. employees

Balance Sheet

Assets less current liabilities£663
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£8k
20240.37-£13k
20230.80

Derived from filed accounts. Not audited figures.