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Vas Welding Ltd

14878173

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

37 CAMDEN ROAD, IPSWICH, IP3 8JW
Incorporated 18/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
42220
Construction of utility projects for electricity and telecommunications
71129
Other engineering activities

Officers

Mr Cristian Strango

director · Since 24/06/2024

DIRECTOR

ROMANIAN · ENGLAND · Age 41

Persons with Significant Control

Mr Cristian Strango

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors

Romanian · England · Age 41

263, Rayners Lane, Harrow, HA2 9TU

Notified 24/06/2024

Former PSCs

Mr Vasile Musat

Ceased 24/06/2024

CompanyRankvs 6010+ SIC 41201 peers
67

Financial strength81th percentile among SIC peers · 20/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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6010Vas Welding Ltd
67
How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 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.

Longevity3/15 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 31/05/2025

Net Worth

£80k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£126k

Current Liabilities

£36k

Debtors

£54k

2avg. employees

Balance Sheet

Assets less current liabilities£89k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20253.46+£0
20253.46+£40k
20246.21—

Derived from filed accounts. Not audited figures.