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Majestic Engineering Limited

01797996

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

HANOVER BUILDINGS, LIVERPOOL, L1 3DN
Incorporated 07/03/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Kenneth Ballinger

director · Since 31/07/1991

ENGINEER

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mr Kenneth Ballinger

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

British · England · Age 73

Hanover, Buildings, Liverpool, L1 3DN

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 25/06/1991Registered 14/07/1991

CompanyRankvs 1104+ SIC 25620 peers
51

Financial strength39th percentile among SIC peers · 10/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.17× · 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 strength10/25 pts

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

Employees9/15 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 31/07/2024

Net Worth

£17k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£138k

Current Liabilities

£118k

Fixed Assets

£6k

Debtors

£105k

5avg. employees

Tax at Year End(2021)

Corp tax£6k
VAT£4k

Director Loans(2021)

Directors owe company£29k

Balance Sheet

Assets less current liabilities£25k
Signed by Mr K Ballinger 6 November 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.17+£5k
20231.16+£265
20221.19-£9k
20211.42+£9k£87k
20201.66-£76k
20191.17

Derived from filed accounts. Not audited figures.