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Compact Engineering Limited

02075654

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 8 SEVERFIELD CLOSE, THIRSK, YO7 3BX
Incorporated 19/11/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28950
Manufacture of machinery for paper and paperboard production

Officers

David Bernard Klemz

secretary · Since 19/05/1991

BRITISH · UNITED KINGDOM · Age 87

Also on 3 other boards

David Bernard Klemz

director · Since 19/05/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 87

Also on 3 other boards

Mr Timothy David Ives Klemz

director · Since 14/11/2013

NONE

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr David Bernard Klemz

75–100% shares

British · England · Age 87

Severfield Close, Thirsk Industrial Park, York Road, Thirsk, YO7 3BX

Notified 30/09/2016

Timothy David Klemz

75–100% shares
75–100% votes

British · England · Age 58

Severfield Close, Thirsk, YO7 3BX

Notified 30/03/2023

Mr Timothy David Ives Klemz

75–100% shares

British · England · Age 58

Unit 8, Severfield Close, Thirsk, YO7 3BX

Notified 30/03/2023

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 17/01/2014Registered 21/01/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/05/1991Registered 28/05/1991Satisfied 04/02/2014

CompanyRankvs 35+ SIC 28950 peers
50

Financial strength53th percentile among SIC peers · 13/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35Compact Engineering Limited
56
How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£278k

Current Liabilities

£290k

4avg. employees-1

Balance Sheet

Assets less current liabilities£3k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96-£22k
20230.93-£117k
20220.43+£93k
20210.76—

Derived from filed accounts. Not audited figures.