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Wingham Engineering Company Limited(The)

00029196

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HARDYS YARD LONDON ROAD, SEVENOAKS, TN13 2DN
Incorporated 24/06/1889

Compliance

Last accounts

28/02/2025

small

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

41201
Construction of commercial buildings
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Michael Mcguirk

director · Since 12/10/1991

BUILDING CONTRACTOR

IRISH · ENGLAND · Age 83

Also on 22 other boards

Mr James David Charles Hambling

secretary · Since 01/12/2015

Also on 14 other boards

Mr James David Charles Hambling

director · Since 01/12/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 14 other boards

Persons with Significant Control

Ramac Holdings (Trading) Ltd

75–100% shares

Hardys Yard, London Road, Sevenoaks, TN13 2DN

Reg: 04246702 · England And Wales · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS DE ZOETE WEDD LIMITED

Created 13/09/1994Registered 15/09/1994Satisfied 11/01/1997
charge
satisfied

BARCLAYS DE ZOETE WEDD.

Created 21/07/1992Registered 05/08/1992Satisfied 11/01/1997
charge
satisfied

BARCLAYS DE ZOETE WEDD LTDAS TRUSTEE FOR ITSELF AND THE BANKS (AS DEFINED)

Created 28/10/1991Registered 05/11/1991Satisfied 10/09/2018
charge
satisfied

BARCLAYS BANK PLC

Created 05/04/1974Registered 10/04/1974Satisfied 05/11/1991
charge
satisfied

BARCLAYS BANK PLC

Created 14/02/1974Registered 19/02/1974Satisfied 05/11/1991
charge
satisfied

LLOYDS BANK PLC

Created 20/09/1961Registered 05/10/1961Satisfied 05/11/1991

CompanyRankvs 13264+ SIC 41201 peers
42

Financial strength0th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

#160; Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Revenue Revenue is recognised at the fair value of the consideration received or receivable for goods and services prov

Key FinancialsYear ending 28/02/2025

Net Worth

-£887k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£177k

Working capital

Current Assets

£238k

Current Liabilities

£61k

Fixed Assets

£151k

Debtors

£58k

0avg. employees-8

Balance Sheet

Assets less current liabilities£328k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.89-£156k
20242.11-£49k
20231.85-£129k
20221.90-£152k
20211.82-£194k
20202.14-£99k
20190.72

Derived from filed accounts. Not audited figures.