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Brittex Engineering Limited

03570960

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

PROGRESSIVE TECHNOLOGY, NEWBURY, RG14 5TS
Incorporated 27/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Ross Matthew Pinchin

director · Since 01/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 6 other boards

Persons with Significant Control

Progressive Group (Newbury) Ltd

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

The Oakley, Kidderminster Road, Droitwich, WR9 9AY

Reg: 11092881 · Companies House · Limited

Notified 31/07/2018

Former PSCs

Mr David Charles Rowe

Ceased 31/07/2018

Mrs Karen Post Rowe

Ceased 31/07/2018

CompanyRankvs 394+ SIC 25620 peers
78

Financial strength69th percentile among SIC peers · 17/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£309k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£326k

Current Liabilities

£108k

Fixed Assets

£133k

Debtors

£198k

Profit After Tax

£597k

10avg. employees-1

Tax at Year End

Dividends paid£550k

Balance Sheet

Intangible assets£0
Assets less current liabilities£351k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.01-£157k
20233.75+£47k
20222.69+£40k
20212.56

Derived from filed accounts. Not audited figures.