Acorn Engineering Limited
02178434
Healthy
- No accounts filed in last 18 months (-5)
- 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: 28/05/2025
Due 11/06/2026
Industry
Officers
director · Since 27/10/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
director · Since 01/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 40 other boards
Persons with Significant Control
Acorn Engineering Group Ltd
Acorn House, 20 Wellcroft Road, Slough, SL1 4AQ
Reg: 04448904 · England And Wales · Private Limited Company
Notified 06/04/2016
Former PSCs
Mr Graham Errington
Ceased 19/05/2021
Mecsia Group Ltd
Ceased 19/05/2021
Charges1 outstanding
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CompanyRankvs 1068+ SIC 71129 peers62
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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
or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. OTHER INFORMATION The directors are responsible for the other inform
Key FinancialsYear ending 31/12/2019
Turnover
£11.5M
Annual revenue
Net Worth
£1.5M
Balance sheet strength
Cash
£135k
Cash in the bank
Profit Before Tax
£200k
Bottom line earnings
Net Current Assets
£957k
Working capital
Current Assets
£3.8M
Current Liabilities
£2.9M
Fixed Assets
£634k
Debtors
£3.7M
Cost of Sales
£8.9M
Gross Profit
£2.6M
Admin Expenses
£2.4M
Operating Profit
£209k
Profit After Tax
£174k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 1.33 |
Derived from filed accounts. Not audited figures.