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B.E. Loveday Precision Engineering Limited

01347707

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

7 THE BRENDONS, TIVERTON, EX16 7BY
Incorporated 12/01/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr. Brian Eric Loveday

director · Since 01/07/1991

ENGINEER

ENGLISH · ENGLAND · Age 78

Mr Brian Eric Loveday

secretary · Since 12/07/2019

Persons with Significant Control

Mr. Brian Eric Loveday

50–75% shares

English · England · Age 78

7, The Brendons, Tiverton, EX16 7BY

Notified 15/07/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/02/1993Registered 09/02/1993
charge
satisfied

BARCLAYS BANK PLC

Created 22/04/1983Registered 03/05/1983Satisfied 31/12/1993

CompanyRankvs 5633+ SIC 25990 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 2/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 31/07/2025

Net Worth

-£128k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

£21k

Current Liabilities

£150k

Fixed Assets

£200

0avg. employees

Balance Sheet

Assets less current liabilities-£128k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14+£0
20250.14-£1k
20240.17-£12k
20230.10-£18k
20220.18-£25k
20210.25-£17k
20200.23-£5k
20190.25+£625
20180.20

Derived from filed accounts. Not audited figures.