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Wykes Engineering Co. (Rushden) Limited

01665017

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

GOOSEY LODGE, NR RUSHDEN, NN10 9LU
Incorporated 17/09/1982

Compliance

Last accounts

31/08/2024

group

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

28210
Manufacture of ovens, furnaces and furnace burners
35110
Production of electricity

Officers

Mr David John Wykes

director · Since 07/12/1991

MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 14 other boards

Mr William John Wykes

director · Since 14/09/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 8 other boards

Persons with Significant Control

Mr David John Wykes

75–100% shares
75–100% votes

British · United Kingdom · Age 68

Goosey Lodge, Nr Rushden, NN10 9LU

Notified 30/04/2016

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 15+ SIC 28210 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.03× · 20/20
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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group and Parent 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 going conc

Key FinancialsYear ending 31/08/2022

Net Worth

£33.9M

Balance sheet strength

Cash

£120k

Cash in the bank

Net Current Assets

£22.5M

Working capital

Current Assets

£44.4M

Current Liabilities

£21.9M

Fixed Assets

£11.5M

Debtors

£33.9M

Profit After Tax

£3.1M

81avg. employees

Tax at Year End

Corp tax£1.3M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20222.03

Derived from filed accounts. Not audited figures.