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Momentum Engineering Limited

01749645

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

19 WOODSTOCK DRIVE, FOUR OAKS, B74 4HX
Incorporated 02/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr John Ridding

director · Since 12/11/1999

ENGINEER

BRITISH · ENGLAND · Age 61

Siobhan Mary Ridding

secretary · Since 31/03/2008

OFFICE MANAGER

IRISH · Age 57

Mrs Siobhan Mary Ridding

director · Since 01/08/2017

COMPANY DIRECTOR

IRISH · ENGLAND · Age 57

Persons with Significant Control

Mr John Ridding

50–75% shares
50–75% votes

British · England · Age 61

19 Woodstock Drive, Four Oaks, B74 4HX

Notified 06/04/2016

Momentum Engineering Group Ltd

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

Unit 50 Coleshill Industrial Estate, Station Road, Coleshill, B46 1JT

Reg: 12558768 · England & Wales · Limited Company

Notified 24/04/2020

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 01/11/1983Registered 07/11/1983

CompanyRankvs 735+ SIC 25620 peers
60

Financial strength64th percentile among SIC peers · 16/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

£207k

Balance sheet strength

Cash

£124k

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£335k

Current Liabilities

£279k

Fixed Assets

£191k

Debtors

£119k

12avg. employees-2

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£246k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£86k
20231.30-£214k
20222.05-£19k
20211.83-£32k
20201.85-£119k
20192.00+£31k
20182.19

Derived from filed accounts. Not audited figures.