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Eyetech Engineering Limited

02140095

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 LANGTON GREEN, EYE, IP23 7HL
Incorporated 11/06/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Diane Elizabeth Hammond

secretary · Since 30/09/1991

BRITISH

Maurice Hammond

director · Since 30/09/1991

ENGINEER

BRITISH · Age 68

Mrs Leah Amie Young

director · Since 05/01/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Maurice Hammond

25–50% shares
25–50% votes

British · England · Age 68

2 Langton Green, Eye, IP23 7HL

Notified 06/04/2016

Mrs Leah Amie Young

25–50% shares
25–50% votes

British · United Kingdom · Age 40

8 Hopper Way, Diss, IP22 4GT

Notified 05/01/2017

Mrs Diane Elizabeth Hammond

25–50% shares
25–50% votes

British · England · Age 68

2 Langton Green, Eye, IP23 7HL

Notified 05/01/2017

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 25/08/1987Registered 02/09/1987

CompanyRankvs 1292+ SIC 25620 peers
50

Financial strength47th percentile among SIC peers · 12/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1292Eyetech Engineering Limited
56
How is this score calculated?
Financial strength12/25 pts

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

Employees12/15 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 31/01/2025

Net Worth

£45k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£51k

Current Liabilities

£89k

Fixed Assets

£117k

Debtors

£47k

11avg. employees

Balance Sheet

Assets less current liabilities£79k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57-£50k
20230.97-£111k
20221.81+£9k
20211.93—

Derived from filed accounts. Not audited figures.