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Industrial Welding Services Ltd

13820456

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

59 HANDBRIDGE SQUARE, CHESTER, CH1 4GR
Incorporated 29/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Miguel Angel Subiela Gomez

director · Since 29/12/2021

WELDER

SPANISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Miguel Angel Subiela Gomez

75–100% shares
75–100% votes
Appoint directors

Spanish · United Kingdom · Age 42

59, Handbridge Square, Chester, CH1 4GR

Notified 29/12/2021

CompanyRankvs 2594+ SIC 43290 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.37× · 20/20
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.

Employees14/15 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.

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

£181k

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

£181k

Working capital

Current Assets

£257k

Current Liabilities

£76k

Debtors

£120k

6avg. employees+4

Tax at Year End

Corp tax£34k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£181k
Signed by Mr Miguel Angel Subiela Gomez 01/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.37+£105k
202312.79

Derived from filed accounts. Not audited figures.