Balco Engineering Limited
01414313
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/04/2014
DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 3 other boards
Persons with Significant Control
Cg Hale Holdings Limited
Unit Z Hamstead Industrial Estate, Austin Way, Birmingham, B42 1DU
Reg: 07959570 · Companies House · Limited Company
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
MIDLAND BANK LIMITED
CompanyRankvs 482+ SIC 28990 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£170k
Balance sheet strength
Cash
£25k
Cash in the bank
Net Current Assets
£169k
Working capital
Current Assets
£239k
Current Liabilities
£70k
Fixed Assets
£719
Debtors
£170k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.43 | -£95k |
| 2024 | 2.89 | +£738 |
| 2023 | 2.22 | -£29k |
| 2022 | 4.00 | +£27k |
| 2021 | 5.01 | +£1k |
| 2020 | 4.71 | +£9k |
| 2019 | 6.86 | — |
Derived from filed accounts. Not audited figures.