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Winfield Engineering Limited

01188208

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 CASTLEGATE, GRANTHAM, NG31 6SF
Incorporated 23/10/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Simon Peter Winfield

secretary · Since 30/04/1997

British

Job Alexander Winfield

director · Since 01/03/2018

British

Simon Peter Winfield

director

British

Sylvia Winfield

director

British

Tracy Kay Winfield

director · Since 28/12/2023

British

Laura Kay Winfield-Dingley

director · Since 01/03/2018

British

Former

Job Winfield

secretary · Resigned 30/04/1997

Alan Sidney Hardisty

director · Resigned 04/11/2011

Brian Keith Sparks

director · Resigned 17/01/2003

Job Winfield

director · Resigned 30/04/1997

CompanyRankvs 105+ SIC 24100 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

Going concern doubt: -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

58avg. employees-9

Tax at Year End

Corp tax£64k
Dividends paid£200k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.00-£40k
20242.46—

Derived from filed accounts. Not audited figures.