Winfield Engineering Limited
01188208
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/04/2025
group
Next accounts due
31/01/2027
Confirmation statement
Last: 20/03/2026
Due 03/04/2027
Industry
Officers
director · Since 18/07/1991
METAL FABRICATOR
BRITISH · ENGLAND · Age 64
Also on 7 other boards
director · Since 01/03/2018
DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 1 other board
director · Since 01/03/2018
DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 2 other boards
Persons with Significant Control
Mr Simon Peter Winfield
British · England · Age 64
Alma Park Industrial Estate, Grantham, NG31 9SE
Notified 06/04/2016
Mrs Tracy Kay Winfield
British · England · Age 64
Alma Park Industrial Estate, Grantham, NG31 9SE
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 15+ SIC 24100 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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 30/04/2025
Net Worth
£4.3M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£2.2M
Working capital
Current Assets
£2.9M
Current Liabilities
£720k
Fixed Assets
£2.5M
Debtors
£1.4M
Profit After Tax
£709k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.00 | -£40k |
| 2024 | 2.46 | +£231k |
| 2023 | 3.76 | +£335k |
| 2022 | 2.98 | +£956k |
| 2021 | 2.80 | +£53k |
| 2020 | 2.74 | +£378k |
| 2019 | 1.88 | +£363k |
| 2018 | 1.80 | — |
Derived from filed accounts. Not audited figures.