Back to search

Hutchinson Engineering Services Limited

02496356

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

OLD NORTH ROAD, NEWARK, NG23 6SY
Incorporated 26/04/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Mr Ian Edmund Hutchinson

director · Since 24/05/1991

AGRICULTURAL ENGINEER

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Mr Ian Edmund Hutchinson

secretary · Since 14/09/2020

Also on 4 other boards

Mr Jonathan Philip Hare

director · Since 14/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Peter Moore

director · Since 14/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Hutchinson Engineering Group Limited

75–100% shares
75–100% votes
Appoint directors

Old North Road, Weston, Newark, NG23 6SY

Reg: 13087454 · Companies House · Company Limited By Shares

Notified 21/12/2020

Former PSCs

Mr Ian Edmund Hutchinson

Ceased 21/12/2020

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/02/2021Registered 03/03/2021
charge
outstanding

LLOYDS TSB BANK PLC

Created 08/02/2000Registered 16/02/2000
charge
satisfied

TSB BANK PLC

Created 29/08/1997Registered 03/09/1997Satisfied 23/02/2023
charge
outstanding

TSB BANK PLC

Created 01/03/1994Registered 16/03/1994

CompanyRankvs 249+ SIC 46140 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2025

Turnover

£14.6M

Annual revenue

Net Worth

£6.0M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£511k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£5.8M

Current Liabilities

£4.2M

Fixed Assets

£8.0M

Debtors

£5.0M

Cost of Sales

£11.8M

Gross Profit

£2.9M

Admin Expenses

£2.4M

Operating Profit

£738k

Profit After Tax

£340k

90avg. employees+6

Tax at Year End(2024)

Dividends paid£600k

People Costs

Wages & salaries£4.6M
NI contributions£504k

Balance Sheet

Bank loans & overdrafts£157k
Assets less current liabilities£9.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39+£340k
20241.24+£382k
20231.34+£9k
20221.46+£412k
20211.36+£646k
20201.29+£714k
20181.19

Derived from filed accounts. Not audited figures.