Armada Engineering Limited
02454710
Some Concerns
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/2015
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 2 other boards
director · Since 13/11/2017
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 1 other board
Persons with Significant Control
Bungula Limited
The Old Carriage Works, Moresk Road, Truro, TR1 1DG
Reg: 11000071 · Companies House · Private Limited Company
Notified 13/11/2017
Former PSCs
Armada Group (Int) Limited
Ceased 13/11/2017
Charges2 outstanding
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CompanyRankvs 302+ SIC 33150 peers59
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£1.0M
Balance sheet strength
Cash
£77k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£548k
Fixed Assets
£925k
Debtors
£864k
Director Loans
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£151k |
| 2023 | — | +£116k |
| 2022 | 2.09 | +£128k |
| 2021 | 1.96 | -£49k |
| 2020 | 1.52 | +£23k |
| 2019 | 1.39 | +£287k |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.