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Hub Engineering Co. Limited(The)

01231569

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 21 IZONS INDUSTRIAL ESTATE, WEST BROMWICH, B70 9BS
Incorporated 29/10/1975

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/05/2026

Due 06/06/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr John Paul Rake

director · Since 01/09/2004

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr John Paul Rake

25–50% shares

British · England · Age 50

Unit 21 Izons Industrial Estate, Oldbury Road, West Bromwich, B70 9BS

Notified 23/05/2017

Former PSCs

Mr John Gerrett Ravens

Ceased 29/12/2020

Mr Peter Paul Redmond

Ceased 19/12/2024

Charges1 outstanding

Charge
outstanding

4SYTE LIMITED

Created 01/09/2021Registered 08/09/2021
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/07/2021Registered 09/07/2021Satisfied 22/09/2021
charge
satisfied

BARCLAYS BANK PLC

Created 01/02/2005Registered 08/02/2005Satisfied 22/09/2021

CompanyRankvs 1957+ SIC 25990 peers
64

Financial strength71th percentile among SIC peers · 18/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.89× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 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

Outstanding charges: -10 pts

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

£240k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£242k

Current Liabilities

£128k

Fixed Assets

£172k

Debtors

£164k

6avg. employees-3

Balance Sheet

Intangible assets£102k
Assets less current liabilities£286k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.89+£23k
20231.86

Derived from filed accounts. Not audited figures.