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Adams Cundell Engineers Limited

01122425

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

BLACKPIT FARM SILVERSTONE ROAD, BUCKINGHAM, MK18 5LJ
Incorporated 12/07/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25290
Manufacture of other tanks, reservoirs and containers of metal
46690
Wholesale of other machinery and equipment
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mrs Patricia Jane Wheeler

director · Since 31/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 10 other boards

Mr Paul Watson Wheeler

director · Since 31/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr George Robert Wheeler

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Adams Cundell Holdings Limited

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

Blackpit Farm, Silverstone Road, Buckingham, MK18 5LJ

Reg: 09682099 · Company Registry England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 31/10/2016Registered 21/11/2016
Charge
outstanding

HSBC BANK PLC

Created 31/10/2016Registered 01/11/2016
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 24/07/2006Registered 26/07/2006Satisfied 04/11/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/11/2003Registered 18/11/2003Satisfied 31/08/2016
charge
satisfied

ROYSCOT TRUST PLC,ROYSCOT LEASING LIMITED,ROYSCOT INDUSTRIAL LEASING LIMITED,ROYSCOT COMMERCIAL

Created 23/12/1998Registered 30/12/1998Satisfied 04/11/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/02/1987Registered 20/02/1987Satisfied 31/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK LTDQ

Created 30/09/1980Registered 15/10/1980Satisfied 31/08/2016

CompanyRankvs 24+ SIC 25290 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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

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 going co

Key FinancialsYear ending 31/12/2024

Turnover

£4.7M

Annual revenue

Net Worth

£6.5M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

-£641k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.7M

Fixed Assets

£6.5M

Debtors

£1.1M

Cost of Sales

£4.1M

Gross Profit

£660k

Admin Expenses

£1.3M

Operating Profit

-£590k

Profit After Tax

-£330k

20avg. employees-6

People Costs

Wages & salaries£1.1M
NI contributions£110k

Balance Sheet

Assets less current liabilities£7.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.68-£330k
20232.12

Derived from filed accounts. Not audited figures.