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Harrisons Engineering (Lancashire) Limited

02974428

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

JUDGE WALMSLEY MILL, BILLINGTON, BB7 9TP
Incorporated 06/10/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mrs Jennifer Elizabeth Harrison

director · Since 14/07/1995

FARMING

BRITISH · NEW ZEALAND · Age 76

Also on 2 other boards

Mr Joseph Roberts

director · Since 31/01/2013

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Timothy James Williams

director · Since 31/01/2013

PROJECT MANAGER

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr Michael James Yearing

secretary · Since 01/11/2013

Also on 6 other boards

Mr Michael James Yearing

director · Since 20/08/2015

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Mr Joshua Francis Navan

director · Since 01/12/2016

PROJECT MANAGER

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Harrisons North West Limited

75–100% shares
75–100% votes

Judge Walmesley Mill, Longworth Road, Clitheroe, BB7 9TP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 19/07/1995Registered 02/08/1995

CompanyRankvs 316+ SIC 25110 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£13.3M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£493k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£752k

Working capital

Current Assets

£4.4M

Current Liabilities

£3.6M

Fixed Assets

£4.7M

Debtors

£3.0M

Cost of Sales

£7.5M

Gross Profit

£5.8M

Admin Expenses

£4.7M

Operating Profit

£1.2M

Profit After Tax

£914k

106avg. employees-6

Tax at Year End

Corp tax£237k
Dividends paid£1.0M

People Costs

Wages & salaries£4.0M
NI contributions£321k

Balance Sheet

Assets less current liabilities£5.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21-£92k
20241.25+£651k
20231.39+£904k
20221.21+£331k
20211.33+£613k
20201.26+£18k
20191.40+£2.3M
20171.53

Derived from filed accounts. Not audited figures.