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Ballard Welding Services Ltd

14304209

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

135 PERSHORE AVENUE, GRIMSBY, DN34 5PZ
Incorporated 18/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Reece Liam Ballard

director · Since 18/08/2022

WELDER FABRICATOR

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Reece Liam Ballard

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

British · England · Age 27

135, Pershore Avenue, Grimsby, DN34 5PZ

Notified 18/08/2022

CompanyRankvs 12382+ SIC 71129 peers
52

Financial strength67th percentile among SIC peers · 17/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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12382Ballard Welding Services Ltd
52
How is this score calculated?
Financial strength17/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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 31/08/2025

Net Worth

£22k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£56k

Current Liabilities

£45k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£33k
Signed by R Ballard 28th May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.23-£2k
20241.36+£23k
20230.59—

Derived from filed accounts. Not audited figures.