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Salford And Trafford Engineering Group Training Association Limited

01518396

liquidation
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Insolvency history
Health Score
N/A

Details

LEONARD CURTIS HOUSE ELMS SQUARE, BURY NEW ROAD, GREATER MANCHESTER, M45 7TA
Incorporated 23/09/1980

Compliance

Last accounts

31/07/2022

full

Next accounts due

30/07/2024

Overdue

Confirmation statement

Last: 31/12/2023

Due 14/01/2025

Overdue

Industry

85590
Other education

Officers

Ian Mcdonald

director · Since 01/02/1994

INSPECTION MANAGER

BRITISH · UNITED KINGDOM · Age 90

Also on 3 other boards

Ian Mcdonald

secretary · Since 22/11/2002

BRITISH · UNITED KINGDOM · Age 90

Also on 3 other boards

Mr Graham Michael Smith

director · Since 21/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 7 other boards

Mr Timothy Clark

director · Since 01/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Insolvency History1 case

creditors voluntary liquidation19/08/2024

Martin Maloney (practitioner) · Daniel Ormerod (practitioner)

CompanyRankvs 15+ SIC 85590 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Going Concern Doubt

have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable 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 trustees with respect to going concer

Key FinancialsYear ending 31/07/2022

Net Worth

£703k

Balance sheet strength

Cash

£465k

Cash in the bank

Net Current Assets

£584k

Working capital

Current Assets

£797k

Current Liabilities

£213k

Fixed Assets

£119k

Debtors

£332k

30avg. employees

People Costs

Wages & salaries£971k
NI contributions£93k

Balance Sheet

Assets less current liabilities£703k
Interest receivable£12
Signed by I McDonaldPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20223.74

Derived from filed accounts. Not audited figures.