WEL MEDICAL LTD Financials
- Company number
- 05714397CopyCopy
- Registered office
- 1 Chancerygate Way, Farnborough GU14 8FF
- Incorporated
- 20/02/2006
Company snapshot
- Status
- Active
- Employees
- 27 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
27.31%vs 20242024: £2.95M
Total Assets
-26.86%vs 20242024: £19.55K
Cash in Bank
24.71%vs 20242024: £1.11M
Total Liabilities
First reported yearEmployees
+1vs 20242024: 26
In 2025, WEL MEDICAL LTD reported net assets of £3.76M. The same filing shows total assets of £14.30K, cash in bank of £1.39M and total liabilities of £5.22M. Reported headcount was 27 in 2025. Net Assets rose from £2.95M in 2024 to £3.76M in 2025 (27.31%). Okredo holds filed figures for 2023–2025; 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
27.31%from £2.95M in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures WEL MEDICAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+51.4%vs 2023+23% a year compound (CAGR)
Cash in Bank
+31%vs 2023+14.4% a year compound (CAGR)
Total Assets
-99.8%vs 2023-95.7% a year compound (CAGR)
Employees
+12.5%vs 2023+3Biggest increase
Net Assets+51.4%
£2.48M in 2023 to £3.76M in 2025
Biggest decrease
Total Assets-99.8%
£7.72M in 2023 to £14.30K in 2025
WEL MEDICAL LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WEL MEDICAL LTD'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
- 26,282.33%2025
- 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
- 67.63%2023
- 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
- 20.27%2023
- 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
- 9,692.26%2025
- 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 WEL MEDICAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 2.48M | 2.95M | 3.76M |
| Total Assets£ | 7.72M | 19.55K | 14.30K |
| Cash in Bank£ | 1.06M | 1.11M | 1.39M |
| Total Liabilities£ | 5.22M | – | – |
| Employees | 24 | 26 | 27 |
WEL MEDICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WEL MEDICAL LTD covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
WEL MEDICAL LTD reported net assets of £3.76M for 2025. That compares with £2.95M in 2024, a change of 27.31%.
WEL MEDICAL LTD reported total assets of £14.30K for 2025. That compares with £19.55K in 2024, a change of -26.86%.
WEL MEDICAL LTD reported cash in bank of £1.39M for 2025. That compares with £1.11M in 2024, a change of 24.71%.
WEL MEDICAL LTD reported 27 employees in 2025, compared with 26 in 2024.
Between 2023 and 2025, WEL MEDICAL LTD's net assets rose by 51.4%, cash in bank rose by 31%, total assets fell by 99.8% and employee numbers rose by 12.5%. Net assets compounded at 23% a year across the two years to 2025, from £2.48M to £3.76M. Reported headcount went from 24 in 2023 to 27 in 2025 (+3).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.