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Pelican Engineering Company (Sales), Limited

01589678

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

PELICAN ENGINEERING ALTOFTS LANE, CASTLEFORD, WF10 5UB
Incorporated 06/10/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Richard Basil Crump

director · Since 03/11/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 14 other boards

Robert Edward Crump

director · Since 03/11/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 95

Also on 2 other boards

Miss Amelia Mary Crump

director · Since 11/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 1 other board

Persons with Significant Control

Mr Richard Basil Crump

50–75% votes
Appoint directors

British · United Kingdom · Age 62

Pelican Engineering, Altofts Lane, Castleford, WF10 5UB

Notified 06/04/2016

Pelican Engineering Co Ltd

75–100% shares

Pelican Engineering, Altofts Lane, Wakefield Europort, Castleford, WF10 5UB

Reg: 212209 · Companies House · Limited Company

Notified 06/04/2016

Charges7 outstanding

Charge
outstanding

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charge
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MIDLAND BANK PLC

Created 01/12/1992Registered 10/12/1992Satisfied 27/01/2016
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CLOSE BROTHERS LIMITED

Created 30/09/1992Registered 07/10/1992Satisfied 27/01/2016
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CLOSE BROTHERS LIMITED

Created 11/10/1991Registered 18/10/1991Satisfied 27/01/2016
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Created 12/02/1991Registered 04/03/1991Satisfied 16/08/2000
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MIDLAND MONTAGU LEASING LIMITED · FOR FULL LIST OF CHARGEES PLEASE SEE SCHEDULE TO CERTIFICATE OF REG.

Created 01/11/1988Registered 04/11/1988Satisfied 27/01/2016

CompanyRankvs 225+ SIC 45190 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to

Key FinancialsYear ending 31/03/2024

Net Worth

£5.7M

Balance sheet strength

Cash

£27.4M

Cash in the bank

Profit Before Tax

£8.1M

Bottom line earnings

Net Current Assets

£6.2M

Working capital

Current Assets

£57.0M

Current Liabilities

£50.8M

Fixed Assets

£2.0M

Debtors

£13.9M

Cost of Sales

£88.2M

Admin Expenses

£11.9M

Profit After Tax

£6.0M

180avg. employees+22

Tax at Year End

Corp tax£1.3M
Dividends paid£4.2M

People Costs

Wages & salaries£8.4M

Balance Sheet

Bank loans & overdrafts£28.2M
Assets less current liabilities£8.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12+£1.6M
20231.20-£2.5M
20221.45+£75k
20211.67+£1.1M
20201.53

Derived from filed accounts. Not audited figures.