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Bullet Engineering Limited

03143329

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

9 VALE ROAD INDUSTRIAL ESTATE, LINCOLNSHIRE, PE23 5HE
Incorporated 03/01/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Susan Ann Harvey

secretary · Since 03/01/1996

BRITISH

Also on 1 other board

Mr Christopher Thomas Harvey

director · Since 03/01/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Susan Ann Harvey

director · Since 01/05/2013

SECRETARY

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Persons with Significant Control

Mr Christopher Thomas Harvey

25–50% votes

British · United Kingdom · Age 59

51 Holmes Road, Stickney, Boston, PE22 8AZ

Notified 03/05/2016

Susan Ann Harvey

25–50% votes

British · United Kingdom · Age 59

51 Holmes Road, Stickney, Boston, PE22 8AZ

Notified 13/05/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 19/08/2010Registered 02/09/2010
charge
outstanding

BARCLAYS BANK PLC

Created 13/07/1998Registered 16/07/1998
charge
satisfied

TSB BANK PLC

Created 11/03/1997Registered 14/03/1997Satisfied 15/03/2001
charge
outstanding

BARCLAYS BANK PLC

Created 10/05/1996Registered 16/05/1996

CompanyRankvs 2792+ SIC 25990 peers
57

Financial strength71th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.81× · 6/20
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.

Liquidity6/20 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 30/06/2025

Net Worth

£234k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£344k

Current Liabilities

£423k

Fixed Assets

£445k

Debtors

£290k

14avg. employees+2

Balance Sheet

Bank loans & overdrafts£128k
Assets less current liabilities£366k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81+£100k
20240.67-£13k
20230.91-£30k
2022+£102k

Derived from filed accounts. Not audited figures.