Bgb Engineering Limited
02107467
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/03/2026
Due 13/04/2027
Industry
Officers
director · Since 01/10/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
director · Since 24/10/2022
NON-EXECUTIVE DIRECTOR
ENGLISH · UNITED KINGDOM · Age 38
Also on 1 other board
director · Since 01/04/2023
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 38
Persons with Significant Control
Former PSCs
Mr David Richard Holt
Ceased 06/04/2016
Mr David Trevor Holt
Ceased 30/03/2018
Charges1 outstanding
HSBC BANK PLC
HSBC EQUIPMENT FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
HSBC BANK PLC
CompanyRankvs 15+ SIC 26110 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£15.7M
Balance sheet strength
Cash
£931k
Cash in the bank
Profit Before Tax
£372k
Bottom line earnings
Net Current Assets
£11.9M
Working capital
Current Assets
£12.9M
Current Liabilities
£966k
Fixed Assets
£3.9M
Debtors
£6.3M
Cost of Sales
£10.2M
Admin Expenses
£4.1M
Profit After Tax
£338k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 13.36 | +£338k |
| 2023 | 16.87 | — |
Derived from filed accounts. Not audited figures.