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West Engineering Holdings Limited

02627741

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

6 OLYMPUS CLOSE, IPSWICH, IP1 5LN
Incorporated 09/07/1991

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
25620
Machining
33120
Repair of machinery

Officers

Dale Smith

director · Since 23/01/2003

CO DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Maronmark Limited

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

6, Olympus Close, Ipswich, IP1 5LN

Reg: 04523875 · Register Of Companies · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 29/09/2025Registered 14/10/2025
charge
outstanding

LLOYDS BANK PLC

Created 30/06/1994Registered 12/07/1994
charge
outstanding

LLOYDS BANK PLC

Created 01/04/1992Registered 08/04/1992
charge
outstanding

WESTUBE LIMITED

Created 14/01/1992Registered 18/01/1992
charge
outstanding

LLOYDS BANK PLC

Created 28/10/1991Registered 06/11/1991

CompanyRankvs 99+ SIC 24200 peers
64

Financial strength67th percentile among SIC peers · 17/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 5.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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99West Engineering Holdings Limited
74
How is this score calculated?
Financial strength17/25 pts

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

Employees7/15 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.

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 31/07/2025

Net Worth

£30k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£37k

Current Liabilities

£7k

Fixed Assets

£2

1avg. employees

Balance Sheet

Assets less current liabilities£30k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.51+£0
20245.51+£0
20235.51—

Derived from filed accounts. Not audited figures.