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Dyer Engineering Ltd.

02186740

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

UNIT 3 & 5, ANNFIELD PLAIN STANLEY, DH9 7RU
Incorporated 02/11/1987

Compliance

Last accounts

31/05/2025

full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/02/2026

Due 04/03/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Richard Graham Bradley

director · Since 01/10/2010

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Graeme James Parkins

director · Since 01/07/2013

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

James Alexander Robson

director · Since 01/09/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 8 other boards

Mr Adam William Leggett

director · Since 24/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Sst Group Limited

75–100% shares

Unit 3-5 Morrison Road Industrial Estate, Morrison Industrial Estate North, Stanley, DH9 7RU

Notified 06/04/2016

Former PSCs

Mr Richard Graham Bradley

Ceased 05/03/2018

Charges5 outstanding

Charge
outstanding

MAVEN CAPITAL PARTNERS UK LLP

Created 04/02/2020Registered 13/02/2020
Charge
satisfied

MAVEN CAPITAL PARTNERS UK LLP (OC339387) AS SECURITY TRUSTEE FOR MAVEN CAPITAL PARTNERS UK LLP

Created 13/12/2018Registered 14/12/2018Satisfied 22/06/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/01/2015Registered 24/01/2015
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 27/06/2013Registered 11/07/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/02/2007Registered 15/03/2007
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 30/06/2005Registered 02/07/2005Satisfied 23/09/2014
charge
satisfied

GE CAPITAL COMMERCIAL FINANCE LIMITED

Created 21/03/2003Registered 27/03/2003Satisfied 02/02/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 17/12/2001Registered 21/12/2001Satisfied 02/04/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/05/1999Registered 01/06/1999
charge
satisfied

LLOYDS BANK PLC

Created 25/01/1988Registered 29/01/1988Satisfied 02/04/2003

CompanyRankvs 1079+ SIC 25990 peers
58

Financial strength83th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
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 strength21/25 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.

Liquidity12/20 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the

Key FinancialsYear ending 31/05/2022

Turnover

£13.0M

Annual revenue

Net Worth

£681k

Balance sheet strength

Cash

£999

Cash in the bank

Profit Before Tax

£222k

Bottom line earnings

Net Current Assets

£39k

Working capital

Current Assets

£5.2M

Current Liabilities

£5.1M

Fixed Assets

£2.4M

Debtors

£3.0M

Cost of Sales

£4.7M

Gross Profit

£8.3M

Admin Expenses

£8.0M

Operating Profit

£380k

Profit After Tax

£402k

145avg. employees-7

Tax at Year End

Dividends paid£127k

People Costs

Wages & salaries£5.2M

Balance Sheet

Bank loans & overdrafts£132k
Assets less current liabilities£2.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.01+£275k
20210.98-£2.5M
20201.36

Derived from filed accounts. Not audited figures.