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Glosrose Engineering Limited

01252000

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

OLD MILL FARM OLD MILL ROAD, MAIDSTONE, ME17 1XD
Incorporated 29/03/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Jacob Anthony Butcher

director · Since 11/06/2003

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 50

Mrs Nicola Clarke

secretary · Since 01/07/2025

Persons with Significant Control

Mr Jacob Anthony Butcher

Significant control

British · England · Age 50

Old Mill Oast, Old Mill Farm, Old Mill Road, Maidstone, ME17 1XD

Notified 13/11/2018

Glosrose Holdings Limited

75–100% shares

Old Mill Farm, Old Mill Road, Maidstone, ME17 1XD

Reg: 06459525 · Companies House England & Wales · Limited Company

Notified 07/10/2019

Former PSCs

Mrs June Josephine Butcher

Ceased 23/04/2025

Mr Anthony John Butcher

Ceased 23/04/2025

Charges2 outstanding

Charge
outstanding

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LOMBARD NORTH CENTRAL PLC

Created 14/02/2000Registered 15/02/2000Satisfied 17/07/2023
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NATIONAL WESTMINSTER BANK PLC

Created 21/04/1999Registered 23/04/1999Satisfied 24/05/2011
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satisfied

CAPITAL ASSET FINANCE LIMITED

Created 03/03/1997Registered 13/03/1997Satisfied 06/12/1999
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satisfied

ROYSCOT INDUSTRIAL LEASING LIMITED · ROYSCOT COMMERCIAL LEASING LIMITED · ROYSCOT SPA LEASING LIMITED · ROYSCOT LEASING LIMITED · ROYSCOT TRUST PLC

Created 21/12/1993Registered 29/12/1993Satisfied 04/05/1999
charge
satisfied

HUNGARIAN INTERNATIONAL BANK LIMITED

Created 06/01/1992Registered 17/01/1992Satisfied 04/05/1999
charge
satisfied

ATLAS LEASING LIMITED

Created 29/09/1989Registered 14/10/1989Satisfied 04/05/1999
charge
satisfied

HUNGARIAN INTERNATIONAL BANK LIMITED

Created 21/04/1989Registered 12/05/1989Satisfied 04/05/1999
charge
satisfied

WILLIAMS & GLYN' BANK PLC

Created 21/01/1983Registered 28/01/1983Satisfied 04/08/1999
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satisfied

BARCLAYS BANK PLC

Created 01/03/1982Registered 08/03/1982

CompanyRankvs 3416+ SIC 96090 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£179

Cash in the bank

Profit Before Tax

£63k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£6.7M

Current Liabilities

£5.5M

Fixed Assets

£2.3M

Debtors

£6.1M

Profit After Tax

£54k

34avg. employees+3

Tax at Year End

Corp tax£58k

People Costs

Wages & salaries£1.5M

Balance Sheet

Assets less current liabilities£3.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£54k
20231.38+£327k
20211.26+£123k
20201.10-£495k
20191.14-£67k
20181.33

Derived from filed accounts. Not audited figures.