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Welding Supplies Limited

13789994

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 1 GEORGE STREET, BRIDGEND, CF31 3TS
Incorporated 08/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Adrian Mainwaring

director · Since 23/11/2022

PRODUCTION

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Cis Group (Wales) Ltd

75–100% shares

Unit 1, George Street, Bridgend, CF31 3TS

Reg: 14852111 · Wales · Limited Company

Notified 01/07/2023

Former PSCs

Mr Anthony Peter Morris

Ceased 18/11/2022

CompanyRankvs 5602+ SIC 71129 peers
72

Financial strength91th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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.

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

£211k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£227k

Working capital

Current Assets

£535k

Current Liabilities

£313k

Fixed Assets

£33k

4avg. employees

Balance Sheet

Assets less current liabilities£260k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.71+£87k
20231.29

Derived from filed accounts. Not audited figures.