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Van Driel Engineering Limited

03291328

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

20 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 12/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Martin Graham

director · Since 15/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Manchester Technical Innovations Ltd

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

20, Havelock Road, Hastings, TN34 1BP

Reg: 15298751 · Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 15/07/2025

Former PSCs

Mrs Linda Anne Gloria Van Driel

Ceased 15/07/2025

Mr Stephen Van Driel

Ceased 15/07/2025

Mr Mark Stephen Vandriel

Ceased 15/07/2025

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

MOMENTUM FINANCE GROUP SPV2 LIMITED

Created 15/07/2025Registered 17/07/2025
Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 27/06/2025Registered 09/07/2025
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 18/09/2013Registered 23/09/2013Satisfied 20/05/2022
Charge
satisfied

LLOYDS TSB BANK PLC

Created 13/06/2013Registered 22/06/2013Satisfied 17/07/2025
Charge
satisfied

LLOYDS TSB BANK PLC

Created 07/06/2013Registered 13/06/2013Satisfied 17/07/2025
charge
satisfied

BARCLAYS BANK PLC

Created 12/08/2011Registered 23/08/2011Satisfied 14/09/2013
charge
satisfied

STEPHEN VAN DRIEL AND LINDA ANN GLORIA VAN DRIEL

Created 27/07/2007Registered 28/07/2007Satisfied 24/06/2013
charge
satisfied

BARCLAYS BANK PLC

Created 07/01/2005Registered 18/01/2005Satisfied 14/09/2013
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/2004Registered 12/11/2004Satisfied 20/05/2022

CompanyRankvs 2024+ SIC 25110 peers
46

Financial strength72th percentile among SIC peers · 18/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.86× · 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.

Employees2/15 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 31/12/2024

Net Worth

£242k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£173k

Current Liabilities

£202k

Fixed Assets

£350k

Debtors

£91k

0avg. employees-18

Tax at Year End(2022)

Dividends paid£20k

Balance Sheet

Assets less current liabilities£368k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86+£49k
20230.75+£20k
20220.70+£14k
20210.61

Derived from filed accounts. Not audited figures.