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Dukinfield Induction Heating Services Limited

02231974

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

INDUCTION WORKS,, ASHTON-UNDER-LYNE,, OL6 9BX
Incorporated 17/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Timothy Patrick Oddie

director · Since 12/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Timothy Patrick Oddie

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 63

Induction Works,, Ashton-Under-Lyne,, OL6 9BX

Notified 06/04/2016

CompanyRankvs 290+ SIC 27900 peers
80

Financial strength80th percentile among SIC peers · 20/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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290Dukinfield Induction Heating Services Limited
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How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£469k

Balance sheet strength

Cash

£369k

Cash in the bank

Net Current Assets

£436k

Working capital

Current Assets

£522k

Current Liabilities

£86k

Fixed Assets

£35k

Debtors

£152k

3avg. employees

Balance Sheet

Assets less current liabilities£471k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.05+£30k
20244.99+£24k
20234.48+£25k
20224.42+£25k
20215.01—

Derived from filed accounts. Not audited figures.