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Lipco Engineering Limited

02698788

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

UNIT 81 CONDOR CLOSE, WIMBORNE, BH21 6SU
Incorporated 19/03/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/04/2026

Due 16/04/2027

On track

Industry

25620
Machining

Officers

Mr Christopher James Mcintosh

director · Since 31/10/2008

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Brendan Michael Forster

director · Since 01/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 17 other boards

Mr Steven Everill

director · Since 22/11/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Lipco Holding Company Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

Unit 81 Condor Close, Woolsbridge Industrial Park, Wimborne, BH21 6SU

Reg: 07185261 · United Kingdom · Limited

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

BRENDAN MICHAEL FORSTER · STEVEN EVERILL

Created 13/03/2024Registered 02/04/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2020Registered 03/07/2020Satisfied 24/03/2021
Charge
outstanding

CHRISTOPHER JAMES MCINTOSH

Created 06/06/2017Registered 15/06/2017
Charge
outstanding

BRENDAN MICHAEL FORSTER

Created 06/06/2017Registered 15/06/2017
Charge
outstanding

CHRISTOPHER JAMES MCINTOSH (THE "SECURED PARTY")

Created 30/08/2013Registered 31/08/2013
Charge
outstanding

BRENDAN MICHAEL FORSTER (THE "SECURED PARTY")

Created 15/08/2013Registered 17/08/2013
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 10/08/2011Registered 18/08/2011Satisfied 29/03/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/2009Registered 08/07/2009Satisfied 15/06/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/01/1995Registered 02/02/1995Satisfied 26/07/2008

CompanyRankvs 998+ SIC 25620 peers
58

Financial strength77th percentile among SIC peers · 19/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength19/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

£582k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£837k

Current Liabilities

£858k

Fixed Assets

£638k

Debtors

£301k

24avg. employees-1

Balance Sheet

Assets less current liabilities£617k
Signed by Mr S Everill 13/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£137k
20221.03-£730k
20191.55+£61k
20181.23

Derived from filed accounts. Not audited figures.