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Thurco Engineering Company Limited

01028106

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

CARLTON HOUSE, BRADFORD, BD1 4NS
Incorporated 21/10/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Stephen John Prescott

director · Since 01/07/2012

ENGINEER

BRITISH · WALES · Age 71

Also on 1 other board

Persons with Significant Control

Mr Stephen John Prescott

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 71

Pen Y Waen, Llanfair, Welshpool, SY21 0BA

Notified 21/03/2023

Alan James Prescott

25–50% shares
25–50% votes

British · United Kingdom · Age 70

92, Bretby Lane, Burton-On-Trent, DE15 0QP

Notified 21/03/2023

Former PSCs

Mr Geoffrey Hickson Prescott

Ceased 23/12/2020

Mr Stephen John Prescott

Ceased 06/04/2016

Mrs June Eunice Elizabeth Prescott

Ceased 21/03/2023

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/10/2010Registered 08/10/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/05/2006Registered 11/05/2006
charge
satisfied

MIDLAND BANK PLC

Created 05/02/1999Registered 06/02/1999Satisfied 06/12/2006
charge
satisfied

LLOYDS BANK PLC

Created 21/07/1986Registered 25/07/1986Satisfied 06/12/2006
charge
satisfied

LLOYDS BANK PLC

Created 21/07/1986Registered 25/07/1986Satisfied 06/12/2006

CompanyRankvs 3084+ SIC 25110 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3084Thurco Engineering Company Limited
34
How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 29/06/2025

Net Worth

-£406k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£406k

Working capital

Current Assets

£2k

Current Liabilities

£408k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00+£0
20240.01-£959
20230.17-£758
20220.18-£832
20210.45-£807
20200.46-£866
20190.51-£61k

Derived from filed accounts. Not audited figures.