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Herve Engineering Limited

00162031

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

9 TOWERFIELD ROAD, ESSEX, SS3 9QE
Incorporated 23/12/1919

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

25930
Manufacture of wire products, chain and springs

Officers

Mr Michael Douglas Lloyd

director · Since 24/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr John Howard Roy Warrington

director · Since 24/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr John Howard Roy Warrington

Significant control

British · England · Age 60

9 Towerfield Road, Shoeburyness, SS3 9QE

Notified 24/11/2016

Mr Michael Douglas Lloyd

Significant control

British · England · Age 61

9 Towerfield Road, Shoeburyness, SS3 9QE

Notified 24/11/2016

Mhg Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

9, Towerfield Road, Shoeburyness, SS3 9QE

Reg: 03481894 · Companies House · Limited Company

Notified 31/12/2021

Former PSCs

L. Herve Limited

Ceased 31/12/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/03/2017Registered 17/03/2017

CompanyRankvs 66+ SIC 25930 peers
68

Financial strength79th percentile among SIC peers · 20/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£633k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.1M

Fixed Assets

£1.8M

Debtors

£1.5M

19avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.57+£215k
20231.88

Derived from filed accounts. Not audited figures.