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Machinery Engineering Limited

02703334

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O ATLAS BALL & BEARING CO LTD, WALSALL, WS2 7DE
Incorporated 02/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr Alvin Keith Chandler

director · Since 28/12/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 11 other boards

Mr Daryl Wilson

director · Since 28/12/2000

COMPANY DIRECTOR

BRITISH · WALES · Age 60

Also on 1 other board

Mr Alvin Keith Chandler

secretary · Since 06/04/2005

BRITISH · ENGLAND · Age 79

Also on 11 other boards

Mr Kenneth Mark Blackshaw

director · Since 17/01/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Atlas Ball & Bearing Co. Ltd

25–50% shares
25–50% votes

Leamore Lane, Walsall, WS2 7DE

Reg: 01339603 · Register Of Companies House · Limited Company

Notified 06/04/2016

Machinery Engineering Services Limited

25–50% shares
25–50% votes

Unit 5, Middlemore Lane West, Redhouse Industrial Estate, Walsall, WS9 8BG

Reg: 01847128 · Register Of Companies House · Limited Company

Notified 06/04/2016

Former PSCs

Mr Alvin Keith Chandler

Ceased 03/11/2025

Mr Daryl Wilson

Ceased 03/11/2025

CompanyRankvs 88+ SIC 28150 peers
64

Financial strength63th percentile among SIC peers · 16/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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88Machinery Engineering Limited
60
How is this score calculated?
Financial strength16/25 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.

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.

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

£100k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£224k

Current Liabilities

£271k

Fixed Assets

£14k

Debtors

£116k

7avg. employees+3

Balance Sheet

Assets less current liabilities-£34k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£0
20230.72+£0
20210.95—

Derived from filed accounts. Not audited figures.