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Oaston Engineering Limited

03060808

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

7-8 PTARMIGAN PLACE, ESTATE NUNEATON, CV11 6RX
Incorporated 24/05/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Cher Louise Mccarthy

secretary · Since 21/12/2000

OFFICE SECRETARY

BRITISH · Age 54

Also on 2 other boards

Sean Mccarthy

director · Since 21/12/2000

MANAGER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mrs Mareth Ashby

25–50% shares
25–50% votes
Appoint directors

British · England · Age 77

7-8 Ptarmigan Place, Estate Nuneaton, CV11 6RX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 13/08/2014Registered 15/08/2014
charge
outstanding

YORKSHIRE BANK PLC

Created 16/09/1999Registered 23/09/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/11/1997Registered 18/11/1997Satisfied 25/01/2002

CompanyRankvs 608+ SIC 25620 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.25× · 12/20
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 strength18/25 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.

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

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

£380k

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£529k

Current Liabilities

£423k

Fixed Assets

£438k

Debtors

£308k

25avg. employees

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities£544k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25-£14k
20231.38-£5k
20221.43+£11k
20211.67

Derived from filed accounts. Not audited figures.