Currock Engineering Company Limited
00828340
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 05/09/2024
Persons with Significant Control
Mbda Uk Limited
Six Hills Way, Six Hills Way, Stevenage, SG1 2DA
Reg: 03144919 · Companies House · Private Limited Company
Notified 05/09/2024
Former PSCs
Mr Anthony Michael Murray
Ceased 05/09/2024
Charges0 outstanding
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INDUSTRIAL PROPERTY INVESTMENT FUND
CompanyRankvs 1615+ SIC 25620 peers41
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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.
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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Ba
Key FinancialsYear ending 31/12/2024
Turnover
£8.2M
Annual revenue
Net Worth
-£3.5M
Balance sheet strength
Cash
£502k
Cash in the bank
Profit Before Tax
-£4.4M
Bottom line earnings
Net Current Assets
-£6.1M
Working capital
Current Assets
£6.7M
Current Liabilities
£12.8M
Fixed Assets
£3.6M
Debtors
£1.7M
Cost of Sales
£9.1M
Gross Profit
-£932k
Admin Expenses
£2.8M
Operating Profit
-£3.8M
Profit After Tax
-£4.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.52 | -£4.4M |
| 2023 | 0.84 | -£7.3M |
| 2022 | 2.08 | +£602k |
| 2021 | 2.22 | +£686k |
| 2020 | 2.13 | +£737k |
| 2019 | 1.70 | +£692k |
| 2018 | 1.90 | — |
Derived from filed accounts. Not audited figures.