Connect Engineering Limited
03122582
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2019
SHEETMETAL WORKER
BRITISH · ENGLAND · Age 34
Also on 1 other board
Persons with Significant Control
Mr Nicholas Gowrie
English · England · Age 35
Edwin Road, Manchester, M11 3ER
Notified 30/10/2024
Former PSCs
Mr Paul Gowrie
Ceased 01/11/2024
Charges0 outstanding
MIDLAND BANK PLC
CompanyRankvs 5023+ SIC 25990 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£87k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
-£97k
Working capital
Current Assets
£61k
Current Liabilities
£158k
Fixed Assets
£10k
Debtors
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.39 | -£2k |
| 2024 | 0.41 | +£6k |
| 2023 | 0.33 | -£59k |
| 2022 | 0.69 | — |
Derived from filed accounts. Not audited figures.