£2.80m
+28%vs Mar 2024ActiveNI621874Private limited companyNewry
WEC LTD
A88/10001
Summary
WEC LTD is an active private limited company (company number NI621874) incorporated on 10 December 2013, registered in Newry. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 March 2025, showing net assets of £2.80m and cash of £1.33m, with 54 employees on average. Net assets rose 28% on the prior period (£2.18m).
Peer position · net assets
By net assets it sits in the top quarter of 709 comparable companies in Belfast (median £19k, upper quartile £93k).
02
Key dates
- Incorporated
- 10 December 201312 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 24 December 2026in 63 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 43210
- Electrical installation
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£1.33m
+25%vs Mar 2024Not reported
54
+8%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £2.80m | £1.33m | £1.34m | £588k | — | — | 54 |
| 31 March 2024 | £2.18m | £1.06m | £1.16m | £440k | — | — | 50 |
Current ratio5.5Comfortable
Cash per employee£25kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
88 / 100 · grade A
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £2,795,116 at 2025-03-31 |
| +8 | Net assets growing+28.0% vs prior period |
| +8 | Comfortable liquidityCurrent ratio 5.5 |
| +4 | Cash reservesCash £1,327,617 |
| +8 | EstablishedIncorporated 2013-12-10 (13 years) |
| 88 | Score, grade A |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Watters Group Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Paul Gerard Watters
- owns 75–100% of shares
- holds 75–100% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 70 days
- Confirmation statement duein 63 days
- Accounts period endNet assets £2.80m · small accounts
- Accounts period endNet assets £2.18m · small accounts
- Incorporated
08
Similar companies in Belfast
- GLACKIN ELECTRICS LIMITEDBellaghy · inc. Jan 2014
- JON ELECTRICAL LTDBelfast · inc. Nov 2013
- AQ ELECTRICS LTDDungannon · inc. Oct 2013
- S & D PROPERTY MAINTENANCE LTDBelfast · inc. Feb 2014
- SELECT ELECTRICAL & SECURITY SERVICES LTDLondonderry · inc. Oct 2013
- EVOLV ELECTRICAL SOLUTIONS LTDBelfast · inc. Oct 2013
All companies incorporated on 10 December 2013 · in Dec 2013.
09
Reminders for WEC LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.