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Weldtite Manufacturing Limited

13184357

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 9 HARRIER ROAD, BARTON-UPON-HUMBER, DN18 5RP
Incorporated 08/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30920
Manufacture of bicycles and invalid carriages
32300
Manufacture of sports goods

Officers

Mr Paul Kay Davis

director · Since 08/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Charles Martin Bennett-Baggs

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 8 other boards

Mr David Justin Bennett-Baggs

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mr Jonathan Lawrence Anthony Bennett-Baggs

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mrs Olga Leach

director · Since 10/01/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Paul Kay Davis

50–75% shares
50–75% votes

British · England · Age 58

Unit 9, Harrier Road, Barton-Upon-Humber, DN18 5RP

Notified 08/02/2021

Charges1 outstanding

Charge
outstanding

CHARLES MARTIN BENNETT-BAGGS · JONATHAN LAWRENCE ANTHONY BENNETT-BAGGS · DAVID JUSTIN BENNETT-BAGGS

Created 02/03/2021Registered 15/03/2021

CompanyRankvs 107+ SIC 30920 peers
43

Financial strength98th percentile among SIC peers · 25/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/12/2024

Net Worth

£2.4M

Balance sheet strength

Cash

£370

Cash in the bank

Net Current Assets

-£5.4M

Working capital

Current Assets

£33k

Current Liabilities

£5.4M

Fixed Assets

£12.4M

Debtors

£32k

1avg. employees

Tax at Year End(2021)

Corp tax£40k

Balance Sheet

Assets less current liabilities£7.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£353k
2023+£126k
2022+£233k
20210.01

Derived from filed accounts. Not audited figures.