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Maysmith Engineering (Willesden) Limited

01287546

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

WREN HOUSE, ST ALBANS, AL1 1NG
Incorporated 23/11/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Timothy Alan Albone

director · Since 30/10/1991

TOOL MAKER

BRITISH · Age 61

Wren Accounting Limited

secretary · Since 22/11/2007

BRITISH

Also on 41 other boards

Persons with Significant Control

Mr Tim Alan Albone

50–75% shares
50–75% votes

British · United Kingdom · Age 61

Stonehill House, Limpers Hill, Warminster, BA12 6BB

Notified 06/04/2016

Mrs Rebecca Kate Albone

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Stonehill House, Limpers Hill, Warminster, BA12 6BB

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 13/06/2006Registered 16/06/2006Satisfied 14/12/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/01/1995Registered 30/01/1995
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 08/02/1993Registered 16/02/1993Satisfied 14/12/2015
charge
satisfied

EAGLE STAR LIFE ASSURANCE CO LTD

Created 08/11/1991Registered 16/11/1991Satisfied 14/12/2015
charge
satisfied

BERISFORD LEASING LIMITED

Created 22/12/1989Registered 09/01/1990Satisfied 30/03/1993
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC.

Created 28/05/1987Registered 05/06/1987Satisfied 08/04/1993
charge
satisfied

WILLIAMS & GLYN'S BANK PLC

Created 05/03/1983Registered 10/03/1983Satisfied 30/03/1993
charge
satisfied

WILLIAMS & GLYN'S BANK PLC.

Created 20/01/1983Registered 20/01/1983Satisfied 08/04/1993
charge
satisfied

LLOYDS BANK PLC

Created 10/03/1980Registered 10/03/1980

CompanyRankvs 1215+ SIC 25620 peers
48

Financial strength40th percentile among SIC peers · 10/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength10/25 pts

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

Employees6/15 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

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

£20k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£147k

Current Liabilities

£134k

Fixed Assets

£13k

Debtors

£103k

2avg. employees

Balance Sheet

Assets less current liabilities£26k
Signed by Mr Timothy Albone 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09-£87k
20231.64-£15k
20221.75-£51k
20211.79-£5k
20201.60-£34k
20191.77+£57k
20181.36+£55k
20171.25

Derived from filed accounts. Not audited figures.