Hewland Engineering Limited
00584792
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr William Michael Hewland
English · England · Age 60
Waltham Road, Maidenhead, SL6 3LR
Notified 06/04/2016
Hero Motors Limited
Hero Nagar, G.T. Road, -141003, Ludhiana
Reg: U29299pb1998plc039602 · India · Limited Company
Notified 15/02/2023
Former PSCs
Hero Motors Limited
Ceased 20/02/2023
Charges0 outstanding
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CompanyRankvs 1259+ SIC 25620 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2021
Turnover
£9.2M
Annual revenue
Net Worth
-£4.3M
Balance sheet strength
Cash
£925k
Cash in the bank
Profit Before Tax
-£563k
Bottom line earnings
Net Current Assets
£2.9M
Working capital
Current Assets
£5.9M
Current Liabilities
£3.0M
Fixed Assets
£1.3M
Debtors
£2.1M
Cost of Sales
£6.7M
Gross Profit
£2.5M
Admin Expenses
£3.2M
Operating Profit
-£369k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.98 |
Derived from filed accounts. Not audited figures.