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Independent Project Engineering Limited

01702678

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT1 SAXON WAY, ROYSTON, SG8 6DN
Incorporated 25/02/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Simon Andrew Warburton

director · Since 03/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Gareth Meehan

director · Since 01/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Epi 2000 Limited

75–100% shares
75–100% votes
Appoint directors

Unit 1 Saxon Way, Melbourn, Royston, SG8 6DN

Reg: 06279332 · Companies House · Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/02/2020Registered 03/03/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 11/01/2016Registered 13/01/2016
Charge
satisfied

TSL PROFESSIONAL PRODUCTS LTD (CRN:05143472)

Created 16/11/2015Registered 18/11/2015Satisfied 21/11/2018
charge
outstanding

BARCLAYS BANK PLC

Created 15/10/2004Registered 28/10/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/03/2001Registered 21/03/2001Satisfied 10/09/2010

CompanyRankvs 198+ SIC 71129 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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198Independent Project Engineering Limited
89
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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.4M

Current Liabilities

£758k

Fixed Assets

£82k

Debtors

£701k

8avg. employees

Tax at Year End(2024)

Corp tax£63k

Balance Sheet

Assets less current liabilities£1.8M
Signed by 2024-05-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.22+£5k
20242.46+£4k
20232.57+£135k
2022—+£10k
2021—+£50k

Derived from filed accounts. Not audited figures.