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Ivel Precision Engineering Limited

03497664

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

7-8 PORTMILL LANE, HITCHIN, SG5 1DJ
Incorporated 22/01/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Terry Malcolm Domagala

director · Since 22/01/1998

ENGINEERING

BRITISH · ENGLAND · Age 64

Darren James Hill

director · Since 01/11/2009

WORKS DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr Jason Domagala

secretary · Since 01/09/2018

Persons with Significant Control

Mr Terry Malcolm Domagala

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

British · England · Age 64

7-8, Portmill Lane, Hitchin, SG5 1DJ

Notified 01/12/2016

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 30/03/2016Registered 30/03/2016
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 18/04/2013Registered 03/05/2013Satisfied 26/02/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 05/02/2010Registered 10/02/2010Satisfied 26/02/2025

CompanyRankvs 902+ SIC 28990 peers
57

Financial strength56th percentile among SIC peers · 14/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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902Ivel Precision Engineering Limited
67
How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 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 31/01/2025

Net Worth

£76k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£281k

Current Liabilities

£235k

Fixed Assets

£68k

Debtors

£215k

6avg. employees-1

Tax at Year End

Corp tax£5k

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£113k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£8k
20241.35+£2k
20231.35+£57k
20221.26+£4k
20211.35—

Derived from filed accounts. Not audited figures.