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Harnam Engineering Works Limited

03450142

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2, HAYES, UB3 1DQ
Incorporated 15/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Rajinder Singh Hunjan

director · Since 15/10/1997

ENGINEER

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Mr Harinder Singh Hunjan

director · Since 06/01/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Rajinder Singh Hunjan

25–50% shares
25–50% votes

British · United Kingdom · Age 75

Unit 2, 1 Swallowfield Way, Hayes, UB3 1DQ

Notified 06/04/2016

Mr Harinder Singh Hunjan

25–50% shares
25–50% votes

British · United Kingdom · Age 43

Unit 2, 1 Swallowfield Way, Hayes, UB3 1DQ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/08/2014Registered 10/09/2014
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/07/2014Registered 16/07/2014

CompanyRankvs 4157+ SIC 71129 peers
64

Financial strength94th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4157Harnam Engineering Works Limited
70
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

£411k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

-£299k

Working capital

Current Assets

£520k

Current Liabilities

£819k

Fixed Assets

£1.1M

Debtors

£345k

7avg. employees

Balance Sheet

Assets less current liabilities£776k
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£58k
20230.70+£66k
20220.72-£53k
20210.85+£4k
20200.83-£133k
20190.98+£8k
20180.95—

Derived from filed accounts. Not audited figures.