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Exchange Engineering Limited

01962680

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RUSTON ROAD, GRANTHAM, NG31 9SW
Incorporated 21/11/1985

Compliance

Last accounts

31/12/2025

unaudited abridged

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores

Officers

Mr Robert David Howard

director · Since 24/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mrs Iwalda Howard

secretary · Since 06/06/2022

Persons with Significant Control

Mr James Andrew Howard

25–50% shares
25–50% votes

British · England · Age 36

High Park Cottage, Kirkby Underwood Road, Sleaford, NG34 0HP

Notified 06/04/2016

Mr Francis Wilfred Gyles Howard

Significant control

British · England · Age 72

Stibbington Manor, Church Lane, Peterborough, PE8 6LP

Notified 06/04/2016

Mr Robert David Howard

25–50% shares
25–50% votes

British · England · Age 40

Osprey House, Home Court, Empingham, LE15 8NY

Notified 06/04/2016

R D And J A Howard Limited

50–75% shares
50–75% votes

Ruston Road, Ruston Road, Grantham, NG31 9SW

Reg: 09689631 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 07/07/2006Registered 22/07/2006
charge
outstanding

BARCLAYS BANK PLC

Created 07/07/2006Registered 20/07/2006
charge
satisfied

BARCLAYS BANK PLC

Created 18/10/1991Registered 28/10/1991Satisfied 27/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 27/11/1985Registered 06/12/1985

CompanyRankvs 388+ SIC 46900 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.62× · 20/20
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 strength24/25 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 31/12/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£255k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.5M

Current Liabilities

£539k

Fixed Assets

£161k

Debtors

£774k

15avg. employees

Tax at Year End(2024)

Corp tax£156k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.62+£0
20254.62-£61k
20244.44
20234.52
20224.58
20214.83+£349k
20204.69+£100k
20193.73
20183.92
20173.76

Derived from filed accounts. Not audited figures.