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Underhill Engineering Limited

03586776

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

WAYCON HOUSE WESTERN WOOD WAY, PLYMOUTH, PL7 5BG
Incorporated 24/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
25620
Machining
30110
Building of ships and floating structures
43210
Electrical installation

Officers

Mr Michael John Underhill

secretary · Since 24/06/1998

ENGINEER

BRITISH · ENGLAND · Age 76

Also on 41 other boards

Mr Michael John Underhill

director · Since 24/06/1998

ENGINEER

BRITISH · ENGLAND · Age 76

Also on 41 other boards

Persons with Significant Control

Underhill Properties Ltd

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

Waycon House, Western Wood Way, Plymouth, PL7 5BG

Reg: 10556188 · Companies House · Limited Company

Notified 30/01/2023

Former PSCs

Underhill Group Limited

Ceased 30/01/2023

Charges5 outstanding

Charge
outstanding

UNDERHILL PROPERTIES LIMITED

Created 30/01/2023Registered 19/02/2023
charge
outstanding

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charge
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Created 30/09/2010Registered 14/10/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/04/2010Registered 10/04/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/08/1998Registered 27/08/1998

CompanyRankvs 1566+ SIC 25110 peers
55

Financial strength68th percentile among SIC peers · 17/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.83× · 16/20
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 strength17/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£174k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£236k

Current Liabilities

£129k

Fixed Assets

£67k

Debtors

£232k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£174k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83-£780
20241.60-£470k
20231.40-£4k
20221.37-£1.4M
20213.11

Derived from filed accounts. Not audited figures.