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Weldco Ltd

14997382

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

11 LAURA PLACE, BATH, BA2 4BL
Incorporated 12/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64203
Activities of construction holding companies

Officers

Mr Thomas David Baker

director · Since 12/07/2023

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Gareth Richard Johnson

director · Since 12/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Thomas David Baker

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

British · United Kingdom · Age 28

11 Laura Place, Bath, BA2 4BL

Notified 12/07/2023

CompanyRankvs 1609+ SIC 64203 peers
45

Financial strength64th percentile among SIC peers · 16/25
Employees72th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 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.

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 30/09/2024

Net Worth

£25k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

—

Current Liabilities

£2k

Debtors

£95

2avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production