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Shanick Engineering Limited

01055739

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

18 HYDE GARDENS, EASTBOURNE, BN21 4PT
Incorporated 24/05/1972

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Jacqueline Anne Cox

secretary · Since 31/01/1992

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Jacqueline Anne Cox

director · Since 31/01/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Peter William Cox

director · Since 31/01/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Persons with Significant Control

Mr Peter William Cox

25–50% shares
25–50% votes

British · United Kingdom · Age 82

14 Arun Way,, Bognor Regis,, PO21 4HF

Notified 06/04/2016

Mrs Jacqueline Anne Cox

25–50% shares
25–50% votes

British · United Kingdom · Age 82

14 Arun Way,, Bognor Regis,, PO21 4HF

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

FORWARD TRUST LIMITED

Created 01/06/1989Registered 02/06/1989
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 08/07/1987Registered 20/07/1987
charge
outstanding

WILLIAMS & GLYN'S BANK PLC

Created 23/12/1982Registered 06/01/1983

CompanyRankvs 15+ SIC 28110 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.69× · 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 strength23/25 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 30/11/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£571k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.2M

Current Liabilities

£152k

Fixed Assets

£488k

Debtors

£454k

16avg. employees-1

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.69+£33k
20239.39-£161k
20229.09-£39k
20218.48+£145k
202011.96-£89k
20198.86—

Derived from filed accounts. Not audited figures.