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Asme Engineering Ltd

03040494

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 HARROVIAN BUSINESS VILLAGE, HARROW, HA1 3EX
Incorporated 31/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Michael Gerard Gibbons

director · Since 31/03/1995

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 63

Also on 1 other board

Susan Teresa Gibbons

director · Since 19/02/2009

FINANCE DIRECTOR

IRISH · UNITED KINGDOM · Age 60

Also on 1 other board

Ms Sandra Marie Perkins

director · Since 11/10/2013

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Susan Teresa Gibbons

secretary · Since 26/11/2013

Also on 1 other board

Persons with Significant Control

Asme Group Ltd

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

2 Grace House, Harrovian Business Village, Harrow, HA1 3EX

Reg: 16584740 · Uk Register Of Companies · Private Company Limited By Shares

Notified 25/07/2025

Former PSCs

Mr Michael Gibbons

Ceased 25/07/2025

Mrs Susan Gibbons

Ceased 25/07/2025

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/12/2010Registered 23/12/2010
charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2010Registered 24/09/2010
charge
satisfied

AIB GROUP (UK) PLC

Created 04/08/2003Registered 06/08/2003Satisfied 11/05/2010

CompanyRankvs 2323+ SIC 43999 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.36× · 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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£442k

Cash in the bank

Profit Before Tax

£165k

Bottom line earnings

Net Current Assets

£989k

Working capital

Current Assets

£3.7M

Current Liabilities

£2.7M

Fixed Assets

£1.9M

Debtors

£3.0M

Admin Expenses

£2.4M

Profit After Tax

£272k

35avg. employees-1

Tax at Year End

Dividends paid£244k

People Costs

Wages & salaries£1.6M

Balance Sheet

Bank loans & overdrafts£193k
Assets less current liabilities£2.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.36+£105k
20231.31+£148k
20221.28+£263k
20211.46+£95k
20201.41+£46k
20191.27

Derived from filed accounts. Not audited figures.