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Shermaynes Engineering Limited

03251813

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

SOUTHGATE INDUSTRIAL CENTRE, MORECAMBE, LA3 3PB
Incorporated 19/09/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mark Drummond Easton

secretary · Since 10/04/2002

BRITISH · ENGLAND · Age 52

Also on 11 other boards

Mr Steven Joseph Brookfield

director · Since 02/01/2007

ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 16 other boards

Mark Drummond Easton

director · Since 23/10/2007

ENGINEER

BRITISH · ENGLAND · Age 52

Also on 11 other boards

Mrs Barbara Anne Bamber

director · Since 01/02/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Persons with Significant Control

Brookfield Ventures Limited

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

Shermaynes Works, Southgate Industrial Centre, Morecambe, LA34 3PB

Reg: 06708777 · England & Wales · Limited

Notified 06/04/2016

Charges5 outstanding

charge
satisfied

BARBARA BAMBER

Created 06/07/2004Registered 07/07/2004Satisfied 15/11/2017
charge
satisfied

BARBARA BAMBER

Created 06/07/2004Registered 07/07/2004Satisfied 10/11/2017
charge
outstanding

HSBC BANK PLC

Created 20/12/2000Registered 22/12/2000
charge
outstanding

MIDLAND BANK PLC

Created 30/06/1997Registered 05/07/1997
charge
outstanding

GRIFFIN CREDIT SERVICES LIMITED

Created 16/05/1997Registered 20/05/1997
charge
outstanding

GRIFFIN CREDIT SERVICES LIMITED

Created 16/05/1997Registered 20/05/1997
charge
outstanding

MIDLAND BANK PLC

Created 11/10/1996Registered 19/10/1996

CompanyRankvs 32260+ SIC 25990 peers
54

Financial strength81th percentile among SIC peers · 20/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.1× · 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 strength20/25 pts

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

Employees2/15 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 28/02/2025

Net Worth

£550k

Balance sheet strength

Cash

£150k

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£714k

Current Liabilities

£650k

Fixed Assets

£684k

Debtors

£449k

0avg. employees-32

Balance Sheet

Assets less current liabilities£748k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.10-£265k
20241.59-£141k
20232.04+£116k
20222.38+£104k
20212.56-£95k
20203.25-£48k
20193.13

Derived from filed accounts. Not audited figures.