Welfarefirst Ltd
13827511
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/01/2022
SOCIAL WORKER
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Ms Shazia Noreen
British · United Kingdom · Age 42
31, Kibble Grove, Nelson, BB9 5EW
Notified 18/01/2022
Former PSCs
Meredith Aubrey Jenkins
Ceased 18/01/2022
CompanyRankvs 2493+ SIC 87900 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
£102k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£102k
Working capital
Current Assets
£202k
Current Liabilities
£100k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.02 | +£46k |
| 2024 | 1.81 | +£38k |
| 2023 | 1.38 | — |
Derived from filed accounts. Not audited figures.