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Ftw Welding Ltd

14579111

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)

Details

1 CORONATION ROAD, MELKSHAM, SN12 7PE
Incorporated 09/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Kirk Farrell

director · Since 09/01/2023

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Kirk Farrell

75–100% shares

English · England · Age 59

1, Coronation Road, Melksham, SN12 7PE

Notified 09/01/2023

CompanyRankvs 6822+ SIC 25990 peers
23

Financial strength12th percentile among SIC peers · 3/25
Employees9th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
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 strength3/25 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.

Liquidity0/20 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 31/01/2025

Net Worth

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

0avg. employees-1
Signed by Kirk Farrell

EstimatesDerived

YearCurrent Ratio
20240.04

Derived from filed accounts. Not audited figures.