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T.W. Engineering Company Limited

00673817

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

ANGULAR HOUSE,EAGLE ROAD, ILKESTON, DE7 4RB
Incorporated 31/10/1960

Compliance

Last accounts

31/10/2025

full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 08/02/2026

Due 22/02/2027

On track

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
32990
Other manufacturing
46190
Agents involved in the sale of a variety of goods

Officers

Scott Alan Lowater

secretary · Since 04/03/2004

British

Edward Charles Howard Downs

director · Since 14/12/2015

British

Howard Charles Downs

director

British

James Reg Downs

director · Since 14/04/2011

British

Scott Alan Lowater

director · Since 11/04/2007

British

Former

Michael Noel Haddelsey

secretary · Resigned 22/08/1997

Nigel Ashley Lucas

secretary · Resigned 04/03/2004

Philip John Bridges

director · Resigned 31/10/2005

Kathleen Doreen Downs

director · Resigned 31/10/2007

Michael Noel Haddelsey

director · Resigned 27/10/1997

Nigel Ashley Lucas

director · Resigned 04/03/2004

CompanyRankvs 105+ SIC 16290 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.7× · 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 strength25/25 pts

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

Employees15/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/10/2025

Turnover

£35.6M

Annual revenue

Net Worth

£18.2M

Balance sheet strength

Cash

£9.6M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£13.7M

Working capital

Current Assets

£16.1M

Current Liabilities

£2.4M

Fixed Assets

£4.8M

Debtors

£2.9M

Cost of Sales

£30.0M

Gross Profit

£5.6M

Admin Expenses

£2.4M

Operating Profit

£3.2M

Profit After Tax

£2.4M

53avg. employees

Tax at Year End

Corp tax£55k
Dividends paid-£350k

People Costs

Wages & salaries£2.0M
NI contributions£223k

Balance Sheet

Assets less current liabilities£18.5M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent Ratio
20256.70

Derived from filed accounts. Not audited figures.