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B.M.I. Engineering Limited

01221870

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

VERNON ROAD, WEST MIDLANDS, B62 8HN
Incorporated 05/08/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr Karan Vig

director · Since 02/02/2023

DIRECTOR

INDIAN · INDIA · Age 46

Mrs Poonam Vig

director · Since 02/02/2023

DIRECTOR

INDIAN · INDIA · Age 72

Mr Ramesh Vig

director · Since 02/02/2023

DIRECTOR

INDIAN · INDIA · Age 79

Persons with Significant Control

Perfect Sourcewell Private Limited

50–75% shares
50–75% votes
Appoint directors

B-209, 2nd Floor, Paharganj

Notified 09/10/2025

Former PSCs

Blackheath Metal Industries Ltd

Ceased 27/03/2023

Mr Karan Vig

Ceased 09/10/2025

Mr Ramesh Vig

Ceased 09/10/2025

Charges0 outstanding

Charge
satisfied

BLACKHEATH METAL INDUSTRIES LIMITED

Created 02/02/2023Registered 02/02/2023Satisfied 25/02/2025
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 25/10/2022Registered 28/10/2022Satisfied 14/02/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/04/1997Registered 18/04/1997Satisfied 10/02/2023

CompanyRankvs 142+ SIC 25940 peers
60

Financial strength60th percentile among SIC peers · 15/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£141k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.2M

Fixed Assets

£401k

3avg. employees-5

Balance Sheet

Assets less current liabilities£303k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92+£19k
20240.95+£34k
20230.97-£115k
20220.85-£282k
20210.98+£12k
20200.94-£357k
20191.27+£57k
20181.17

Derived from filed accounts. Not audited figures.