Hy-Ram Engineering Company Limited
00972440
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 05/02/2026
Due 19/02/2027
Industry
Officers
director · Since 09/08/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 83
Also on 4 other boards
director · Since 09/08/1991
ENGINEER
BRITISH · ENGLAND · Age 84
Also on 4 other boards
director · Since 09/09/1996
MANAGAING DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
secretary · Since 28/06/2004
QUALITY MANAGER
BRITISH · ENGLAND · Age 58
Also on 5 other boards
director · Since 27/04/2005
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
director · Since 06/02/2020
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Hy-Ram Pipeline Products Ltd
Pelham Street, Mansfield, Nottinghamshire, NG18 2EY
Reg: 01241597 · Companies House · Private Limited Company
Notified 09/08/2016
Former PSCs
Mr Peter John Hallam
Ceased 09/08/2016
Mr Timothy John Hallam
Ceased 09/08/2016
Charges1 outstanding
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CompanyRankvs 28+ SIC 25620 peers69
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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
Outstanding charges: -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
Key FinancialsYear ending 31/03/2025
Net Worth
£7.3M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£4.9M
Working capital
Current Assets
£8.0M
Current Liabilities
£3.1M
Fixed Assets
£2.9M
Debtors
£3.6M
Admin Expenses
£2.8M
Profit After Tax
£1.4M
Tax at Year End
Director Loans(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 2.61 | +£761k | — |
| 2024 | 2.74 | +£808k | — |
| 2023 | 2.31 | +£447k | £4.2M |
| 2022 | 2.37 | +£849k | — |
| 2021 | 2.12 | +£1.0M | — |
| 2020 | 2.02 | +£671k | — |
| 2019 | 1.66 | — | — |
Derived from filed accounts. Not audited figures.