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Glebe Engineering Limited

00763353

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SILVERS WORKS BRICK KILN LANE, STOKE ON TRENT, ST4 7BT
Incorporated 06/06/1963

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

71129
Other engineering activities

Officers

Nicholas Silvers Cresswell

secretary

British

Nicholas Silvers Cresswell

director

British

Thomas Silvers Cresswell

director · Since 01/09/2021

British

Former

John Kenneth Silvers Cresswell

director · Resigned 28/09/2020

CompanyRankvs 105+ SIC 71129 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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

£1.3M

Balance sheet strength

Cash

£249k

Cash in the bank

Net Current Assets

£471k

Working capital

Current Assets

£904k

Current Liabilities

£434k

Fixed Assets

£1.0M

Debtors

£352k

Profit After Tax

£199k

30avg. employees-4

Tax at Year End

Corp tax£56k
Dividends paid£60k

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.08+£139k
20231.99+£361k
20171.29

Derived from filed accounts. Not audited figures.