WELCOME ENGINEERING LIMITED

Company number 06732311 · Active (Active - Proposal to Strike off)

WELCOME ENGINEERING LIMITED is a private limited company registered in WORTHING, United Kingdom, incorporated on 24 Oct 2008. Its registered activity is wholesale of other machinery and equipment. Its latest published accounts for the period ending 31 Oct 2020 show equity of £30k, total assets of £40k. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 0.28 % probability that it becomes insolvent within 12 months, 2.4 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.28 %
High risk
Lowest riskHighest risk

Higher than 96 % of active companies in the United Kingdom. 2.4× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
06732311 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
24 Oct 2008 (18 years)
Registered address
BN14 9NZ WORTHING
Postcode area
Brighton
Activity
46690 Wholesale of other machinery and equipment
Industry
Wholesale trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202015 Jul 2021– –£30k£40k £10k£5,7311
31 Oct 201915 Oct 2020– –£29k£41k £12k£2,9690

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about WELCOME ENGINEERING LIMITED

What is the company number of WELCOME ENGINEERING LIMITED?

WELCOME ENGINEERING LIMITED is registered under company number 06732311 in the official register of United Kingdom. View it at the official register.

Is WELCOME ENGINEERING LIMITED still active?

Yes. WELCOME ENGINEERING LIMITED is registered as active (status: Active - Proposal to Strike off).

Has WELCOME ENGINEERING LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WELCOME ENGINEERING LIMITED in the official data.

How likely is WELCOME ENGINEERING LIMITED to become insolvent?

Our model estimates a 0.28 % probability that WELCOME ENGINEERING LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 96 % of active companies in the United Kingdom.

When was WELCOME ENGINEERING LIMITED founded?

WELCOME ENGINEERING LIMITED was incorporated on 24 Oct 2008.

Where is WELCOME ENGINEERING LIMITED registered?

WELCOME ENGINEERING LIMITED's registered address is in BN14 9NZ WORTHING (Brighton), United Kingdom.

What do the latest accounts of WELCOME ENGINEERING LIMITED show?

The latest published accounts (period ending 31 Oct 2020) show equity of £30k, total assets of £40k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.