Positive Engineering Limited
01640356
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
secretary · Since 31/12/1991
BRITISH · ENGLAND · Age 87
Also on 3 other boards
director · Since 20/08/2003
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 3 other boards
Former
director · Resigned 02/11/2014
director · Resigned 16/12/2025
Persons with Significant Control
Mr Simon Peter Brown
British · England · Age 67
40 Victoria Road, Aston, Birmingham, B6 5HF
Notified 07/09/2023
Mr David Jonathan Brown
British · England · Age 59
40 Victoria Road, Aston, Birmingham, B6 5HF
Notified 07/09/2023
Former PSCs
Mrs Patricia Alice Brown
Ceased 07/09/2023
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
40 VICTORIA ROAD
WEST MIDLANDS
CompanyRankvs 1302+ SIC 45310 peers54
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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 31/12/2025
Net Worth
£448k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£530k
Working capital
Current Assets
£48k
Current Liabilities
£578k
Fixed Assets
£1.1M
Debtors
£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£75k |
| 2024 | — | -£73k |
| 2023 | 0.09 | — |
Derived from filed accounts. Not audited figures.