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WELTRADE LTD
SUITE 2, GROUND FLOOR, 1 DUCHESS STREET, LONDON, W1W 6ANPrevious name: PENSITO INVESTMENTS LIMITED (changed on 10-Feb-2009)
Company Number: 05892613
Incorporation date: 01-Aug-2006
Status: Active
Entity type: Private Limited Company
SIC codes:
46720 Wholesale of metals and metal ores
SUMMARY
This company is 17.7 years old and is currently active. It is controlled by Dr. J. Bollag & Cie.. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of USD -192.3 thousand which has worsened since the previous year's figure of USD -27.6 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was USD -164.7 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (USD -192.3 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 118 other companies, 34 (28.8%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2022 | USD | 125,234 | 11,523,122 | 11,715,430 | 2 | -192,310 | -192,308 | ||
| 31-Dec-2021 | USD | 295,201 | 17,993,089 | 18,020,659 | 2 | -27,572 | -27,570 | ||
| 31-Dec-2020 | USD | 212,197 | 26,126,146 | 26,127,298 | 2 | -1,154 | -1,152 | ||
| 31-Dec-2019 | USD | 138,879 | 30,431,145 | 30,423,401 | 2 | 7,742 | 7,744 | ||
| 31-Dec-2018 | USD | 140,746 | 60,740,349 | 60,724,299 | 2 | 16,048 | 16,050 | ||
| 31-Dec-2017 | USD | 153,641 | 76,530,087 | 76,495,383 | 2 | 34,702 | 34,704 | ||
| 31-Dec-2016 | USD | 535,713 | 50,982,107 | 50,929,466 | 2 | 52,639 | 52,641 | ||
| 31-Dec-2015 | USD | 10,197,428 | 30,082,694 | 30,017,525 | 2 | 65,167 | 65,169 | ||
| 31-Dec-2014 | USD | 171,236 | 173,928 | 82,605 | 2 | 91,321 | 91,323 | ||
| 31-Dec-2013 | USD | 300,799 | 300,801 | 204,377 | 2 | 96,422 | 96,424 | ||
| 31-Dec-2012 | USD | 272,342 | 307,471 | 228,808 | 2 | 78,661 | 78,663 | ||
| 31-Dec-2011 | USD | 117,678 | 2,573,980 | 2,504,275 | 2 | 69,703 | 69,705 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | SAVILLE COMPANY SECRETARIES LIMITED | 02 Jan 2010 | 18 Apr 2024 | 41 - 101 | ||
| Resigned | DELAWARE MANAGEMENT COMPANY LIMITED | 10 Feb 2009 | 02 Jan 2010 | 0 - 131 | ||
| Resigned | DELAWARE (SECRETARIES) LIMITED | 01 Aug 2006 | 10 Feb 2009 | 0 - 33 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Andrew Richard LAMB | 10 Feb 2009 | Accountant | British | 62 - 85 | 43 (29.3%) | |
| Active | Reto OLDANI | 10 Feb 2009 | Director | Swiss | 1 - 0 | 0 (0.0%) | |
| Resigned | Marie Agnes BESSON | 24 Sep 2008 | 10 Feb 2009 | Tax Advisor | French | 2 - 31 | 4 (12.1%) |
| Resigned | DELAWARE (DIRECTORS) LIMITED | 01 Aug 2006 | 24 Sep 2008 | 0 - 50 | 18 (36.0%) |
Average tenure of active directors: 15.2 years
Average tenure of resigned directors: 1.3 years
Average active director Dissolution Rate: 14.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WELTRADE LTD
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
46720 Wholesale of metals and metal ores)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| LIBERTY COMMODITIES LIMITED | C/O MARBLE POWER LTD, 1ST FLOOR, 3 MORE LONDON PLACE, LONDON, UNITED KINGDOM, SE1 2RE | 03349135 | 2017-12-31 | 4,071,057,380 | 9,506,373 |
46900-Non-specialised wholesale trade |
| KAZ MINERALS SALES LIMITED | 7TH FLOOR, 83, VICTORIA STREET,, LONDON, SW1H 0HW | 06322809 | 2017-12-31 | 1,775,000,000 | 68,000,000 | |
| OCEAN PARTNERS UK LIMITED | THE PEARCE BUILDING, WEST STREET, MAIDENHEAD, ENGLAND, SL6 1RL | 05171451 | 2017-12-31 | 1,613,199,000 | 9,125,000 | |
| MINMETALS (U.K) LIMITED | 5A PRAED STREET, LONDON, W2 1NJ | 01899182 | 2017-12-31 | 827,347,828 | 638,178 | |
| SIMEC INTERNATIONAL (UK) LIMITED | BIRDPORT, CORPORATION ROAD, NEWPORT, SOUTH WALES, UNITED KINGDOM, NP19 4RE | 07643854 | 2017-11-30 | 595,558,575 | 7,620,061 | |
| BERKELEY COMMODITIES LIMITED | FIFTH FLOOR WATSON HOUSE, 54-60 BAKER STREET, LONDON, UNITED KINGDOM, W1U 7BU | 03104212 | 2017-12-30 | 558,090,340 | 809,637 | |
| HONDA TRADING EUROPE LIMITED | 1 MORE LONDON PLACE, LONDON, SE1 2AF | 02465436 | 2018-03-31 | 541,492,000 | 5,725,000 |
46760-Wholesale of other intermediate products |
| AAR TEE COMMODITIES (UK) LTD. | 3RD FLOOR,, 33 CAVENDISH SQUARE, LONDON, ENGLAND, W1G 0PW | 08143121 | 2017-09-30 | 501,659,424 | 129,030 | |
| AALCO METALS LIMITED | PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 03551533 | 2017-12-31 | 385,186,295 | 21,326,376 | |
| BARRETT STEEL LIMITED | BARRETT HOUSE, CUTLER HEIGHTS LANE, DUDLEY HILL, BRADFORD, BD4 9HU | 02755663 | 2018-09-30 | 317,655,000 | 3,958,000 |
70100-Activities of head offices |
| STEMCOR LONDON LIMITED | LONGBOW HOUSE, 14-20 CHISWELL STREET, LONDON, ENGLAND, EC1Y 4TW | 07764918 | 2017-12-31 | 314,588,000 | -5,331,000 | |
| ASD LIMITED | VALLEY FARM ROAD, STOURTON, LEEDS, LS10 1SD | 01370600 | 2017-12-31 | 232,461,000 | -2,306,000 | |
| TANGENT TRADING LIMITED | 155 BISHOPSGATE, LONDON, ENGLAND, EC2M 3TQ | 01900671 | 2018-06-30 | 216,394,319 | 1,770,334 | |
| EDGEN MURRAY EUROPE LIMITED | VINTNERS PLACE, UPPER THAMES STREET, LONDON, ENGLAND, EC4V 3BJ | 01241058 | 2018-03-31 | 190,238,000 | -12,199,000 | |
| DEREK RAPHAEL & COMPANY LIMITED | 8-10 CASTLE STREET, CASTLE STREET, CIRENCESTER, ENGLAND, GL7 1QA | 01153094 | 2017-12-31 | 178,651,743 | 5,228,152 | |
| DUFERCO UK LIMITED | DUFERCO HOUSE, BUNTSFORD PARK ROAD, BROMSGROVE, WORCESTERSHIRE, B60 3DX | 03538773 | 2018-09-30 | 164,067,000 | 455,000 | |
| HARGREAVES (UK) SERVICES LIMITED | WEST TERRACE ESH WINNING, DURHAM, DH7 9PT | 03735251 | 2018-05-31 | 162,283,000 | 4,428,000 |
49410-Freight transport by road |
| SEBDEN STEEL SERVICE CENTRES LIMITED | CRAVEN HOUSE CRAVEN ROAD, BROADHEATH, ALTRINCHAM, CHESHIRE, WA14 5HE | 02553464 | 2018-04-30 | 157,497,000 | 3,721,000 | |
| STEMCOR DISTRIBUTION LIMITED | LONGBOW HOUSE, 14-20 CHISWELL STREET, LONDON, ENGLAND, EC1Y 4TW | 00759991 | 2017-12-31 | 143,256,000 | 135,000 | |
| A.J.N. STEELSTOCK LTD. | ICKNIELD WAY, KENTFORD, NEWMARKET, SUFFOLK, CB8 7QT | 00689647 | 2018-04-30 | 117,795,829 | 3,706,781 | |
| RAINHAM STEEL COMPANY LIMITED | ORBITAL HOUSE, 20 EASTERN ROAD, ROMFORD, ESSEX, ENGLAND, RM1 3PJ | 01093531 | 2018-03-31 | 114,452,988 | 2,730,720 | |
| RAINHAM STEEL COMPANY LIMITED | ORBITAL HOUSE, 20 EASTERN ROAD, ROMFORD, ESSEX, ENGLAND, RM1 3PJ | 01093531 | 2018-03-31 | 114,452,988 | 0 | |
| TW METALS LIMITED | MAJESTIC ROAD, NURSLING ESTATE, NURSLING, SOUTHAMPTON, SO16 0AF | 00961098 | 2017-12-31 | 111,178,000 | 3,960,000 | |
| PRESS METAL UK LIMITED | PRESS METAL UK LIMITED BELDRAY ROAD, MOUNT PLEASANT, BILSTON, ENGLAND, WV14 7NH | 03653082 | 2017-12-31 | 91,724,314 | 2,426,286 | |
| T G COMMODITIES LIMITED | C/O MARBLE POWER LTD, 1ST FLOOR, 3 MORE LONDON PLACE, LONDON, UNITED KINGDOM, SE1 2RE | 03684340 | 2012-07-30 | 81,221,704 | 334,133 | |
| BLACKBURNS METALS LIMITED | PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 04632083 | 2017-12-31 | 79,303,640 | -2,660,935 | |
| RIGHTON & BLACKBURNS LIMITED | PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 00143411 | 2017-12-31 | 75,103,510 | 1,605,483 | |
| NATIONAL TUBE STOCKHOLDERS LIMITED | DALTON INDUSTRIAL ESTATE, DALTON, NR THIRSK, NORTH YORKSHIRE, YO7 3HE | 01897183 | 2013-12-31 | 69,562,143 | 4,261,158 | |
| AVAS TRADING LTD | 6TH FLOOR, 2 KINGDOM STREET, LONDON, UNITED KINGDOM, W2 6JP | 08811005 | 2017-12-31 | 51,120,072 | 0 | |
| ASCOR UK LIMITED | AMP HOUSE, 66A, DEVONSHIRE ROAD, LONDON, ENGLAND, NW7 1LL | 09807897 | 2018-12-31 | 39,338,473 | 0 | |
| FOWLE & CO LIMITED | TREMLON HOUSE, MENZIES ROAD, HASTINGS, EAST SUSSEX, ENGLAND, TN38 9BQ | 00973101 | 2017-07-31 | 39,215,312 | 0 | |
| ATLANTIC STEEL PROCESSING LIMITED | ATLANTIC QUAY, VITTORIA DOCK DUKE STREET, BIRKENHEAD, MERSEYSIDE, CH41 1EY | 04141157 | 2017-12-31 | 28,843,915 | 0 | |
| STEELCO (UK) LIMITED | TREMLON HOUSE, MENZIES ROAD, HASTINGS, EAST SUSSEX, ENGLAND, TN38 9BQ | 02319502 | 2017-07-31 | 23,436,031 | 0 | |
| AVON SPECIALTY METALS LIMITED | UNIT 2, CENTURION INDUSTRIAL ESTATE, EMPIRE WAY, GLOUCESTER, GLOUCESTERSHIRE, ENGLAND, GL2 5HY | 08165136 | 2018-06-30 | 21,442,908 | 0 | |
| D H STAINLESS LIMITED | PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 04263619 | 2017-12-31 | 15,398,264 | 0 | |
| LEEN GATE METALS LIMITED | REDFIELD ROAD, LENTON, NOTTINGHAM, NOTTINGHAMSHIRE, NG7 2UJ | 04005727 | 2017-09-30 | 15,241,706 | 0 | |
| MASTEEL (UK) LIMITED | 35 WILKINSON STREET, SHEFFIELD, ENGLAND, S10 2GB | 04500564 | 2018-08-31 | 12,360,151 | 0 | |
| METALMIN & CO UK LIMITED | 1066 LONDON ROAD, LEIGH-ON-SEA, ESSEX, SS9 3NA | 01181608 | 2018-03-31 | 8,125,134 | 0 | |
| SPECIAL PIPING MATERIALS (HOLDINGS) LIMITED | UNIT 26 GLOBE LANE INDUSTRIAL ESTATE, BROADWAY, DUKINFIELD, CHESHIRE, SK16 4UU | 08699508 | 2017-12-31 | 6,664,733 | 0 | |
| MORELLE DAVIDSON (UK) LIMITED | GABLE HOUSE 239 REGENTS PARK ROAD, FINCHLEY, LONDON, N3 3LF | 03716720 | 2018-03-31 | 6,211,597 | 0 |
46900-Non-specialised wholesale trade 47789-Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) 95250-Repair of watches, clocks and jewellery |
| EUROPAN METAL CENTRE LIMITED | 67 PARKSIDE WAY, HARROW, MIDDLESEX, HA2 6DB | 04457859 | 2018-03-31 | 5,502,224 | 0 | |
| EXPRESS METAL SERVICES LIMITED | PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 04474433 | 2017-08-31 | 4,218,300 | 0 | |
| M & L SHEET METAL LIMITED | 15 STATION ROAD, ST. IVES, CAMBRIDGESHIRE, PE27 5BH | 03290355 | 2017-12-31 | 2,512,812 | 0 | |
| N.T. STEEL SERVICES LTD | UNIT 3 / 3A METNOR BUSINESS PARK, HADRIAN ROAD, WALLSEND, TYNE AND WEAR, NE28 6HH | 05647111 | 2018-01-31 | 2,418,836 | 0 | |
| PIPEXTRA STAINLESS LTD. | UNIT 2B RED ROSE COURT, SUNNYHURST ROAD, BLACKBURN, BB2 1PS | 03051764 | 2018-04-30 | 2,225,922 | 0 | |
| CB STEELS LIMITED | 20 LULWORTH, WROTHAM ROAD, CAMDEN TOWN, LONDON, NW1 9SS | 07505937 | 2017-07-31 | 1,566,166 | 0 | |
| STEELPARK TRADING LIMITED | 8 FAIRCROSS WAY, ST. ALBANS, HERTFORDSHIRE, AL1 4SD | 07277891 | 2018-06-30 | 1,446,841 | 0 | |
| SPEED ALLOYS LIMITED | 15 STATION ROAD, ST. IVES, CAMBRIDGESHIRE, PE27 5BH | 03313250 | 2018-02-28 | 1,097,701 | 0 | |
| JOHNSTON METALS HIGHLAND LTD | 3 BURNETT ROAD, INVERNESS, IV1 1TF | SC420097 | 2017-05-31 | 530,295 | 0 | |
| ANGLO ARABIAN METALS LIMITED | 15 DANYGRAIG AVENUE, PORTHCAWL, MID GLAMORGAN, CF36 5AA | 08447016 | 2018-04-30 | 507,297 | 0 | |
| WESTGATE ALUMINIUM EXTRUSION LTD | WESTGATE HOUSE MIDDLEMORE LANE WEST, ALDRIDGE, WALSALL, WS9 8BG | 09024588 | 2018-04-30 | 356,213 | 0 | |
| INTERNAT STEEL SUPPLIES LIMITED | 17 RANGEMORE HALL MEWS, RANGEMORE, BURTON-ON-TRENT, ENGLAND, DE13 9RE | 01371962 | 2017-12-31 | 118,719 | 0 | |
| JAZSOFT LIMITED | 34 HOLMWOOD ROAD, CHEAM, SUTTON, SURREY, SM2 7JP | 03517089 | 2018-02-28 | 282 | 0 |
62012-Business and domestic software development |
| QUEST 4 ALLOYS (ASIA) LIMITED | FUSION HOUSE, THE CRESCENT, WILLENHALL, WEST MIDLANDS, WV13 2QR | 09392857 | 2019-01-31 | 0 | 0 | |
| TIVALEX LIMITED | 612 ROCHESTER WAY, LONDON, SE9 1RL | 09339114 | 2018-12-31 | 0 | 0 | |
| COBHAM ALUMINIUM & STAINLESS HOLDINGS LIMITED | PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 07543335 | 0000-00-00 | 0 | 0 | |
| HAMBLETON NTS LIMITED | DALTON AIRFIELD DALTON AIRFIELD, DALTON, THIRSK, NORTH YORKSHIRE, YO7 3JN | 08794204 | 0000-00-00 | 0 | 0 | |
| KAZ MINERALS PLC | 7TH FLOOR, 83, VICTORIA STREET,, LONDON, SW1H 0HW | 05180783 | 0000-00-00 | 0 | 0 |
96090-Other service activities not elsewhere classified |
| THE SEBDEN GROUP LIMITED | CRAVEN HOUSE, CRAVEN ROAD BROADHEATH, ALTRINCHAM, CHESHIRE, WA14 5HE | 03192327 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| WELTRADE LTD | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | 0.4% | 3.9% | 8.1% | Medium |
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.5% | 2.1% | 4.2% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
