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Crinan Engineering Limited

01937577

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7B DINSDALE ROAD, LONDON, SE3 7RJ
Incorporated 08/08/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Managing Director Asoka Weerawardana

secretary · Since 30/10/1991

SRI LANKAN,BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Managing Director Asoka Weerawardana

director · Since 30/10/1991

ENGINEERING MANAGER

SRI LANKAN,BRITISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Persons with Significant Control

Managing Director Asoka Weerawardana

Significant control
significant-influence-or-control-as-firm

Sri Lankan,British · United Kingdom · Age 78

7b, Dinsdale Road, London, SE3 7RJ

Notified 30/10/2016

CompanyRankvs 5973+ SIC 71121 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

Key FinancialsYear ending 14/06/2025

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£1k

Current Liabilities

£33k

Fixed Assets

£186

1avg. employees

Balance Sheet

Assets less current liabilities-£31k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£0
20250.04-£1k
20240.03-£3k
20230.06-£3k
20220.18-£22k
20216.66-£4k
20201.22-£6k
20190.76-£28k
20185.40

Derived from filed accounts. Not audited figures.