Alar Engineering Limited
01576873
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 23/08/2025
Due 06/09/2026
Industry
Officers
Persons with Significant Control
Mr Paul David Soulsby
British · Wales · Age 61
Unit 32 Portmanmoor Road, Cardiff, CF24 5HB
Notified 31/01/2020
Mrs Tina Amanda Sydenham
British · Wales · Age 58
Unit 32 Portmanmoor Road, Cardiff, CF24 5HB
Notified 31/01/2020
Former PSCs
Alan Arthur Soulsby
Ceased 31/01/2020
Mrs Jean Margaret Soulsby
Ceased 07/01/2023
Charges1 outstanding
FINANCE WALES INVESTMENTS (6) LIMITED
FINANCE WALES INVESTMENTS (6) LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
WELSH DEVELOPMENT AGENCY
BARCLAYS BANK PLC
THE WELSH DEVELOPMENT AGENCY
CompanyRankvs 1432+ SIC 25990 peers65
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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
£1.4M
Balance sheet strength
Cash
£596k
Cash in the bank
Net Current Assets
£906k
Working capital
Current Assets
£1.3M
Current Liabilities
£402k
Fixed Assets
£759k
Debtors
£544k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.25 | -£126k |
| 2024 | 3.56 | -£64k |
| 2023 | 3.61 | +£95k |
| 2022 | 2.67 | +£536k |
| 2021 | 2.52 | +£36k |
| 2020 | 2.60 | +£40k |
| 2019 | 2.63 | +£377k |
| 2017 | 2.11 | — |
Derived from filed accounts. Not audited figures.