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Westmorland Gearing Limited

13946703

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 4, COCKERMOUTH, CA13 0HT
Incorporated 01/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Dr Aeron Morgan Buchanan

director · Since 01/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Mr Matthew Paul Mellor

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 7 other boards

Persons with Significant Control

Dr Aeron Morgan Buchanan

25–50% shares
25–50% votes

British · England · Age 46

Carleton House, 136 Gray Street, Workington, CA14 2LU

Notified 01/03/2022

Mr Matthew Paul Mellor

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Carleton House, 136 Gray Street, Workington, CA14 2LU

Notified 11/08/2022

CompanyRankvs 354+ SIC 64303 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 24.66× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 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.

Longevity4/15 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 30/03/2025

Net Worth

£2.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£17k

Current Liabilities

£678

Fixed Assets

£2.5M

0avg. employees

Balance Sheet

Assets less current liabilities£2.6M

EstimatesDerived

YearCurrent RatioImplied Profit
202524.66-£485
202416.18

Derived from filed accounts. Not audited figures.