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Engineering & Hire Limited

02683085

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WOODLAND VIEW MAIN STREET, NEWARK, NG23 7BS
Incorporated 31/01/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Hilary Margaret Miles

secretary · Since 31/01/1992

EXECUTIVE

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Mrs Hilary Margaret Miles

director · Since 31/01/1992

EXECUTIVE

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Mr Michael John William Miles

director · Since 31/01/1992

ENGINEER

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Michael John William Miles

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 77

Woodland View, Main Street, Newark, NG23 7BS

Notified 06/04/2016

Mrs Hilary Margaret Miles

25–50% shares
25–50% votes

British · England · Age 69

Woodland View, Main Street, Newark, NG23 7BS

Notified 25/06/2025

Wearing Parts Direct Limited

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

Marsh Lane, Laughterton, Lincoln, LN1 2JX

Reg: 08080169 · At Registered Office · Limited Company

Notified 08/04/2026

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 28/06/2013Registered 02/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/03/1992Registered 09/03/1992Satisfied 06/11/2013

CompanyRankvs 172+ SIC 28990 peers
74

Financial strength88th percentile among SIC peers · 22/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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 28/02/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£772k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.8M

Current Liabilities

£341k

Fixed Assets

£116k

Debtors

£98k

10avg. employees

Tax at Year End

Corp tax£102k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.33+£196k
20245.13+£170k
20234.51+£200k
20224.29+£110k
20214.65

Derived from filed accounts. Not audited figures.