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Welders & Welding Solutions Limited

15117521

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)
  • Current liabilities exceed current assets (-10)

Details

99 WAVERLEY ROAD, HARROW, HA2 9RQ
Incorporated 05/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
33110
Repair of fabricated metal products
42990
Construction of other civil engineering projects

Officers

Mr Dorel Catalin Ciurcanu

director · Since 05/09/2023

WELDER

ROMANIAN · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Dorel Catalin Ciurcanu

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

Romanian · England · Age 51

99, Waverley Road, Harrow, HA2 9RQ

Notified 05/09/2023

CompanyRankvs 3297+ SIC 25110 peers
32

Financial strength40th percentile among SIC peers · 10/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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31
How is this score calculated?
Financial strength10/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£688

Current Liabilities

£9k

0avg. employees

Balance Sheet

Assets less current liabilities£9k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.07

Derived from filed accounts. Not audited figures.