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Laine Engineering (Feltwell) Limited

00907612

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE FERRY, THETFORD, IP26 4NF
Incorporated 05/06/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Ruth Miriam Munn

director · Since 31/03/1991

SECRETARY

BRITISH · UNITED KINGDOM · Age 71

Mr Charles William Smith

director · Since 31/03/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Charles William Smith

Significant control

British · England · Age 61

The Ferry, Hockwold, Thetford, IP26 4NF

Notified 06/04/2016

CompanyRankvs 1646+ SIC 25620 peers
50

Financial strength33th percentile among SIC peers · 8/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.79× · 6/20
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 strength8/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/10/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£73k

Current Liabilities

£93k

Fixed Assets

£27k

2avg. employees+1

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79-£22k
20230.93-£69k
20223.33-£69k
202112.48-£35k
202021.75+£2k
20195.23+£31k
20184.46

Derived from filed accounts. Not audited figures.