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Akramatic Engineering Co. Limited

00896426

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

AKRAMATIC ENGINEERING CO LTD NIXS HILL, ALFRETON, DE55 7GN
Incorporated 23/01/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Steven Maguire

director · Since 03/09/2020

GENERAL MANAGER

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Aeh Alfreton Ltd

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

Akramatic Engineering Co. Limited, Keys Road, Alfreton, DE55 7GN

Reg: 16501198 · England And Wales · Private Limited Company

Notified 15/12/2025

Former PSCs

Mrs Tracy Ann Constance

Ceased 21/05/2025

Mr Stephen Antony Constance

Ceased 21/05/2025

Latch Investments Ltd

Ceased 15/12/2025

Charges1 outstanding

Charge
outstanding

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Charge
satisfied

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Created 05/12/1969Registered 12/12/1969Satisfied 13/08/2024

CompanyRankvs 157+ SIC 25990 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.27× · 20/20
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 strength24/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£3.6M

Balance sheet strength

Cash

£312k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£2.9M

Current Liabilities

£557k

Fixed Assets

£1.2M

Debtors

£861k

34avg. employees+1

Balance Sheet

Assets less current liabilities£3.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.27+£340k
20244.35+£402k
20233.06+£351k
20222.67+£335k
20212.41+£58k
20202.64-£190k
20192.14

Derived from filed accounts. Not audited figures.