WELCOME TELECOM LTD - Profile & Financials

Accounts Submitted 24 Aug 2023

Confirmation Statement Submitted

Net assets £494.07K £96.24K 2022 year on year

Total assets £528.50K £155.10K 2022 year on year

Total Liabilities £34.44K £58.87K 2022 year on year

Charges 3

3 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Focus House Ham Road Shoreham-By-Sea BN43 6PA United Kingdom

Office (Stroud)

Unit 13, Salmon Springs Trading Estate, Cheltenham Rd, Stroud GL6 6NU

Telephone

0145 370 4820

Website

welcometelecom.co.uk

Credit Report

Discover WELCOME TELECOM LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2022

Type Total Exemption Full

Next accounts 31 December 2023

Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2021–2022)

Cash in Bank

£832.00

Decreased by £27.13k (-97%)

Net Assets

£494.07k

Decreased by £96.24k (-16%)

Total Liabilities

£34.44k

Decreased by £58.87k (-63%)

Turnover

N/A

Employees

N/A

Debt Ratio

Decreased by 7 (-50%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2022 Dec Year End	2021 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 7 resigned

Show resigned officers

						Status
Charlene Emma Friend	Director	British	England	41	21 Mar 2023	Active
Christopher David Goodman	Director	English	England	46	31 May 2020	Active
Ralph Gilbert	Director	British	England	44	31 May 2020	Active

Shareholders

Shareholders (3)


Focus 4 U Ltd.	100.0%	50,800	Ordinary	15 Aug 2022
Jacek Michalski	0.0%	0	Ordinary	15 Aug 2022
Duncan Peter Laker	0.0%	0	Ordinary	15 Aug 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Focus 4 U Ltd.

United Kingdom

Active

Notified 31 May 2020

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent

Jacek Michalski

Ceased 31 May 2020

Ceased

See All Controllers

Group Structure

FOCUS 4 U LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FOCUS GROUP TRADING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ECLIPSE (MIDCO 2) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ECLIPSE (MIDCO 1) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FERN HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HG GENESIS 10 NOMINEES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

HGCAPITAL LLP united kingdom significant influence or control limited liability partnership

GROUP HOLDCO 1 LIMITED united kingdom

WELCOME TELECOM LTD Current Company

Charges

3 satisfied

Documents

Company Filings

Date	Category	Description	Document
18 Jan 2025	Gazette	Gazette Dissolved Liquidation	View(1 page)
18 Oct 2024	Insolvency	Liquidation Voluntary Members Return Of Final Meeting	View(7 pages)
5 Jan 2024	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(7 pages)
15 Dec 2023	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)
15 Dec 2023	Resolution	Resolutions	View(1 page)