£80k
+21%vs Oct 2024Active11613560Private limited companyAshford
PAYNE'S WELDING LTD
Significant control: Rikki Lee Payne (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Payne'S Welding Ltd sell?
Registered activity: Repair of fabricated metal products (SIC 33110). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PAYNE'S WELDING LTD is an active private limited company (company number 11613560) incorporated on 9 October 2018, registered in Ashford. Its registered activity is repair of fabricated metal products (SIC 33110). Latest small accounts cover the period ending 31 October 2025, showing net assets of £80k and cash of £12k, with 1 employee on average. Net assets rose 21% on the prior period (£66k).
Peer position · net assets
By net assets it sits in the top quarter of 857 comparable companies in the UK (median £5,205, upper quartile £39k).
02
Ownership and control
- Mr Rikki Lee Payne
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 9 October 20188 yrs ago
- Next accounts due
- 31 July 2027in 280 days
- Confirmation statement due
- 23 October 2027in 364 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 33110
- Repair of fabricated metal products
- SIC 33120
- Repair of machinery
- SIC 33150
- Repair and maintenance of ships and boats
- SIC 71129
- Other engineering activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£12k
+185%vs Oct 2024Not reported
1
No changevs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £80k | £12k | £86k | £43k | — | — | 1 |
| 31 October 2024 | £66k | £4,374 | £89k | £49k | — | — | 1 |
Current ratio2.3Current assets ÷ creditors within one year
Cash per employee£12kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £79,670 at 31 October 2025
- Net assets up 10% or more on the prior period+21.5% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.3
- Incorporated five or more years agoIncorporated 9 October 2018
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 364 days
- Next accounts duein 280 days
- Accounts period endNet assets £80k · small accounts
- Accounts period endNet assets £66k · small accounts
- Incorporated
08
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- PMG DUCTWORK LTDGillingham · inc. Dec 2019
- STS MECHANICAL ENGINEERING LTDRamsgate · inc. Apr 2017
- JP FABS LTDGillingham · inc. Nov 2016
All companies incorporated on 9 October 2018 · in Oct 2018.
09
Reminders for PAYNE'S WELDING LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.