Heathyards Engineering Co. Limited
01164808
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
director · Since 01/05/2007
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 6 other boards
director · Since 15/04/2008
ENGINEER
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
director · Since 01/01/2012
ENGINEER
BRITISH · UNITED KINGDOM · Age 47
Also on 3 other boards
Former
director · Resigned 31/12/1999
secretary · Resigned 01/02/2002
director · Resigned 01/02/2002
director · Resigned 30/06/2006
director · Resigned 02/03/2007
director · Resigned 30/03/2007
secretary · Resigned 30/03/2007
director · Resigned 01/05/2007
director · Resigned 01/05/2007
secretary · Resigned 01/05/2007
director · Resigned 31/03/2014
Persons with Significant Control
European Industrial Groupltd
Unit 31 & 32, Maybrook Industrial Estate, Maybrook Road, Walsall, WS8 7DG
Reg: 04138085 · Companies House · Limited Company
Notified 01/07/2016
Charges4 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
BIBBY FINANCIAL SERVICES LIMITED
Change History
Active
Private Limited Company
INDUSTRIAL HOUSE UNITS 31 & 32 MAYBROOK INDUSTRIAL ESTATE
WALSALL
CompanyRankvs 372+ SIC 25110 peers61
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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 going concern are d
Key FinancialsYear ending 31/03/2022
Turnover
£9.4M
Annual revenue
Net Worth
£3.2M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£2.5M
Working capital
Current Assets
£8.6M
Current Liabilities
£6.1M
Fixed Assets
£1.5M
Debtors
£6.4M
Cost of Sales
£7.2M
Gross Profit
£2.2M
Admin Expenses
£1.7M
Operating Profit
£996k
Profit After Tax
£739k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.40 | +£79k |
| 2021 | 1.56 | — |
Derived from filed accounts. Not audited figures.