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Silverthorne Engineering Company Limited

02777789

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE OLD DOCTORS HOUSE, DUDLEY, DY1 2AW
Incorporated 07/01/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Gary Edward Hoskins

secretary · Since 07/01/1993

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Mr Gary Edward Hoskins

director · Since 07/01/1993

ENGINEER

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Mr Timothy Edward Hoskins

director · Since 18/06/1999

ENGINEER

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Gary Edward Hoskins

75–100% shares
75–100% votes

British · England · Age 79

The Old Doctor's House, 74 Grange Road, Dudley, DY1 2AW

Notified 01/07/2016

Charges2 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 12/05/2025Registered 12/05/2025
Charge
outstanding

HSBC UK BANK PLC

Created 28/03/2024Registered 02/04/2024
charge
satisfied

HSBC BANK PLC

Created 01/09/2010Registered 02/09/2010Satisfied 14/04/2026
charge
satisfied

GARY EDWARD HOSKINS & PAMELA MARAGRET HOSKINS & TIMOTHY EDWARD HOSKINS & ROBINSON GEAR (MANAGEM

Created 28/04/2008Registered 10/05/2008Satisfied 08/07/2020
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 27/08/1997Registered 29/08/1997Satisfied 08/07/2020
charge
satisfied

MIDLAND BANK PLC

Created 29/01/1993Registered 13/02/1993Satisfied 08/07/2020

CompanyRankvs 165+ SIC 25620 peers
74

Financial strength83th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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165Silverthorne Engineering Company Limited
84
How is this score calculated?
Financial strength21/25 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.

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

£933k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

£871k

Working capital

Current Assets

£1.5M

Current Liabilities

£655k

Fixed Assets

£76k

Debtors

£607k

18avg. employees

Tax at Year End(2019)

Corp tax£46k

Balance Sheet

Assets less current liabilities£946k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.33+£2k
20242.42+£4k
20232.63+£10k
20222.38+£2k
20211.95-£322k
20202.70+£96k
20192.01+£106k
20172.41—

Derived from filed accounts. Not audited figures.