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Agema Engineering Limited

02072649

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

21 BAYTON ROAD, BAYTON ROAD INDUSTRIAL ESTATE, COVENTRY, CV7 9EL
Incorporated 11/11/1986

Compliance

Last accounts

31/03/2025

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/05/2025

Due 28/05/2026

On track

Industry

22290
Manufacture of other plastic products
71129
Other engineering activities

Officers

Mr John Frank Edward Stringer

director · Since 14/05/1991

ENGINEERING

BRITISH · ENGLAND · Age 70

Julie Stringer

secretary · Since 26/08/1998

BRITISH · Age 64

Mr Jonathan Stringer

director · Since 01/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Jonathan Stringer

50–75% shares
50–75% votes

British · England · Age 43

22, The Firs, Coventry, CV5 6QD

Notified 16/01/2020

Former PSCs

Mr John Frank Edward Stringer

Ceased 18/08/2023

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/12/2020Registered 07/12/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 09/06/2014Registered 20/06/2014
charge
outstanding

BARCLAYS BANK PLC

Created 18/02/2013Registered 20/02/2013
charge
outstanding

BARCLAYS BANK PLC

Created 18/12/2012Registered 29/12/2012
charge
satisfied

BARCLAYS BANK PLC

Created 25/06/1996Registered 03/07/1996Satisfied 24/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 28/03/1994Registered 07/04/1994Satisfied 24/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 03/03/1994Registered 14/03/1994Satisfied 25/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 06/12/1989Registered 13/12/1989Satisfied 25/11/2016
charge
outstanding

BARCLAYS BANK PLC

Created 26/04/1988Registered 04/05/1988
charge
satisfied

BARCLAYS BANK PLC

Created 27/01/1988Registered 11/02/1988Satisfied 24/11/2016
charge
satisfied

THE COUNCIL OF THE CITY OF COVENTRY

Created 10/02/1987Registered 19/02/1987Satisfied 04/12/2012

CompanyRankvs 13+ SIC 22290 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/03/2025

Turnover

£13.5M

Annual revenue

Net Worth

£10.5M

Balance sheet strength

Cash

£41k

Cash in the bank

Profit Before Tax

£447k

Bottom line earnings

Net Current Assets

£10.6M

Working capital

Current Assets

£16.2M

Current Liabilities

£5.6M

Fixed Assets

£2.2M

Debtors

£14.5M

Cost of Sales

£10.8M

Gross Profit

£2.8M

Admin Expenses

£2.1M

Operating Profit

£622k

Profit After Tax

£335k

146avg. employees-1

Tax at Year End

Corp tax£144k

People Costs

Wages & salaries£4.1M
NI contributions£391k

Balance Sheet

Assets less current liabilities£12.8M
Signed by Mr J Stringer 22nd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.88+£335k
20243.34-£2.9M
20233.29+£308k
20223.25-£182k
20212.53+£411k
20201.80+£212k
20191.90+£3.4M
20171.50

Derived from filed accounts. Not audited figures.