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Wecan Engineering Ltd

13886305

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

FLAT 1, WOKING, GU22 7RT
Incorporated 01/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Krishna Fairweather

director · Since 01/02/2022

AIR CONDITIONING ENGINEER

JAMAICAN · ENGLAND · Age 42

Persons with Significant Control

Mr Krishna Fairweather

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

Jamaican · England · Age 42

Flat 1, Constitution Hill, Woking, GU22 7RT

Notified 01/02/2022

CompanyRankvs 14654+ SIC 71129 peers
52

Financial strength60th percentile among SIC peers · 15/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.64× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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14654Wecan Engineering Ltd
47
How is this score calculated?
Financial strength15/25 pts

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

Employees1/15 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 28/02/2025

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£27k

Current Liabilities

£16k

Fixed Assets

£10k

0avg. employees-2

Tax at Year End(2023)

Dividends paid£3k

Balance Sheet

Total assets£37k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.64+£11k
20240.95-£364
20231.13—

Derived from filed accounts. Not audited figures.