Back to search

Hub Engineering Co. Limited(The)

01231569

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr John Paul Rake

director · Since 01/09/2004

ENGINEER

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr John Paul Rake

25–50% shares

British · England · Age 49

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
charge
satisfied

BIBBY FACTORS WEST MIDLANDS LIMITED

Created 04/12/2003Registered 08/12/2003Satisfied 01/09/2020
charge
satisfied

BIBBY FACTORS WEST MIDLANDS LIMITED

Created 01/10/2003Registered 07/10/2003Satisfied 01/09/2020
charge
satisfied

BARCLAYS BANK LTD

Created 30/01/1980Registered 05/02/1980Satisfied 15/07/2003

CompanyRankvs 1999+ 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
Show leaderboard
1Samuel Taylor,Limited
90
2Smith Brothers (Leicester) Limited
90
3Hospital Metalcraft Limited
90
4Carpenter & Paterson Limited
90
5Wicksteed Leisure Limited
90
6Fsg Tool & Die Limited
90
7William Smith Group 1832 Limited
90
8Arrowsmith Engineering (Coventry) Limited
90
9Destec Engineering Limited
90
10O.L.D. Engineering Company Limited
90
1999Hub Engineering Co. Limited(The)
70
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+£21k
20221.42+£34k
20211.21-£16k
20201.58+£67k
20190.80+£4k
20180.74—

Derived from filed accounts. Not audited figures.