Weldex (international) Offshore Holdings Limited
WELDEX (INTERNATIONAL) OFFSHORE HOLDINGS LIMITED·Company no. SC380577·United Kingdom
The Firmwatch take
Weldex (international) Offshore Holdings Limited (SC380577) currently shows: Watch signal detected, based on accounts to 30 November 2024; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Nov 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
17 June 2010
15 years on the register
Sector
Other specialised construction activities n.e.c.
SIC 43999
Size
Not classified
Net assets
£58m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Sector benchmark · Specialist Trades
How this company compares in 113,141 filers in this sector
Top 10% in sector — Weldex (international) Offshore Holdings Limited shows £58m in net assets. Sector median is £6k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£58m
Top 10% in sector · sector median £6k · 113,141 filers in this sector
Cash
Not disclosed
Working cap.
−£237k
Median £7k
Current ratio
0.8×
Median 1.3×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · IV1 1UA
19 other UK companies registered at this postcode.
Active
17
Dissolved
0
Strike-off action
2
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.