Nortec (Engineering) Limited
03421317
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Thomas Edward Worrall
British · England · Age 48
4 Combers, Balcombe, Haywards Heath, RH17 6NE
Notified 06/04/2016
Mr Anthony Frank Norman
British · England · Age 61
Swan Cottage, 23 Southover High Street, Lewes, BN7 1HU
Notified 06/04/2016
CompanyRankvs 3477+ SIC 71129 peers72
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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 31/08/2024
Net Worth
£200
Balance sheet strength
Cash
£149k
Cash in the bank
Net Current Assets
£160k
Working capital
Current Assets
£241k
Current Liabilities
£81k
Fixed Assets
£2k
Debtors
£85k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.97 |
| 2023 | 2.77 |
| 2022 | 1.86 |
| 2021 | 1.76 |
| 2020 | 1.97 |
| 2019 | 1.41 |
| 2018 | 0.99 |
Derived from filed accounts. Not audited figures.