WELCH & CO (SOUTH WEST) LIMITED Financials
- Company number
- 07894680CopyCopy
- Registered office
- 2 Drake House, Cook Way, Taunton, Somerset TA2 6BJ
- Incorporated
- 03/01/2012
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-68.45%vs 20232023: £149.99K
Total Assets
29.97%vs 20232023: £148.50K
Total Liabilities
9.82K%vs 20232023: £-1.50K
Employees
-1vs 20232023: 10
In 2024, WELCH & CO (SOUTH WEST) LIMITED reported net assets of £47.32K. The same filing shows total assets of £193.00K and total liabilities of £145.68K. Reported headcount was 9 in 2024. Total Liabilities rose from £-1.50K in 2023 to £145.68K in 2024 (9.82K%). Okredo holds filed figures for 2021–2024; 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
-68.45%from £149.99K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures WELCH & CO (SOUTH WEST) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-75.9%vs 2022-50.9% a year compound (CAGR)
Total Assets
+9.7%vs 2022+4.7% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
0%vs 2022Biggest increase
Total Assets+9.7%
£175.91K in 2022 to £193.00K in 2024
Biggest decrease
Net Assets-75.9%
£196.02K in 2022 to £47.32K in 2024
WELCH & CO (SOUTH WEST) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WELCH & CO (SOUTH WEST) 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
- 24.52%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
- 75.48%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WELCH & CO (SOUTH WEST) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 172.12K | 196.02K | 149.99K | 47.32K |
| Total Assets£ | 200.53K | 175.91K | 148.50K | 193.00K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 28.40K | -20.11K | -1.50K | 145.68K |
| Employees | 8 | 9 | 10 | 9 |
WELCH & CO (SOUTH WEST) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WELCH & CO (SOUTH WEST) LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
WELCH & CO (SOUTH WEST) LIMITED reported net assets of £47.32K for 2024. That compares with £149.99K in 2023, a change of -68.45%.
WELCH & CO (SOUTH WEST) LIMITED reported total assets of £193.00K for 2024. That compares with £148.50K in 2023, a change of 29.97%.
WELCH & CO (SOUTH WEST) LIMITED reported total liabilities of £145.68K for 2024. That compares with £-1.50K in 2023, a change of 9.82K%.
WELCH & CO (SOUTH WEST) LIMITED reported 9 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, WELCH & CO (SOUTH WEST) LIMITED's net assets fell by 75.9%, total assets rose by 9.7% and employee numbers was unchanged. Net assets contracted at 50.9% a year across the two years to 2024, from £196.02K to £47.32K. Reported headcount went from 9 in 2022 to 9 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.