MID-WALES WELDED PRODUCTIONS LIMITED Financials
- Company number
- 01566038CopyCopy
- Registered office
- Cambrian Works, Van Road, Llanidloes, Powys SY18 6HN
- Incorporated
- 03/06/1981
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-132.16%vs 20242024: £211.47K
Total Assets
-45.34%vs 20232023: £651.53K
Cash in Bank
-35.76%vs 20232023: £39.04K
Total Liabilities
-100.00%vs 20242024: £144.68K
Employees
-13vs 20242024: 13
In 2025, MID-WALES WELDED PRODUCTIONS LIMITED reported net assets of £-68.00K. The same filing shows total assets of £356.15K, cash in bank of £25.08K and total liabilities of £0.00. Reported headcount was 0 in 2025. Total Assets fell from £651.53K in 2023 to £356.15K in 2024 (-45.34%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-132.16%from £211.47K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MID-WALES WELDED PRODUCTIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-117%vs 2023Total Liabilities
-100%vs 2023Employees
-100%vs 2023-11Biggest decrease
Net Assets-117%
£390.30K in 2023 to £-68.00K in 2025
Every indicator Okredo holds for MID-WALES WELDED PRODUCTIONS LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MID-WALES WELDED PRODUCTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 59.38%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 40.62%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 17.33%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 7.04%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MID-WALES WELDED PRODUCTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 463.44K | 463.13K | 390.30K | 211.47K | -68.00K |
| Total Assets£ | 764.90K | – | 651.53K | 356.15K | – |
| Cash in Bank£ | 118.70K | 94.84K | 39.04K | 25.08K | – |
| Total Liabilities£ | 301.46K | – | 261.23K | 144.68K | 0.00 |
| Employees | 14 | 12 | 11 | 13 | 0 |
MID-WALES WELDED PRODUCTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MID-WALES WELDED PRODUCTIONS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MID-WALES WELDED PRODUCTIONS LIMITED reported net assets of £-68.00K for 2025. That compares with £211.47K in 2024, a change of -132.16%.
MID-WALES WELDED PRODUCTIONS LIMITED reported total assets of £356.15K for 2024. That compares with £651.53K in 2023, a change of -45.34%.
MID-WALES WELDED PRODUCTIONS LIMITED reported cash in bank of £25.08K for 2024. That compares with £39.04K in 2023, a change of -35.76%.
MID-WALES WELDED PRODUCTIONS LIMITED reported 0 employees in 2025, compared with 13 in 2024.
Between 2023 and 2025, MID-WALES WELDED PRODUCTIONS LIMITED's net assets fell by 117%, total liabilities fell by 100% and employee numbers fell by 100%. Reported headcount went from 11 in 2023 to 0 in 2025 (-11). The largest fall over the period was net assets, down 117% from £390.30K to £-68.00K.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.