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Tulway Engineering Limited

03590248

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 12 FARADAY ROAD BRITONWOOD TRADING ESTATE, LIVERPOOL, L33 7UT
Incorporated 30/06/1998

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 22/05/2025

Due 05/06/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr Kevin Tully

director · Since 30/06/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Mrs Jayne Christine Tully

secretary · Since 10/07/1998

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mrs Jayne Christine Tully

director · Since 12/01/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Mrs Jennifer Thornton

director · Since 15/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 2 other boards

Persons with Significant Control

Mr Kevin Tully

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 60

Unit 12 Faraday Road, Britonwood Trading Estate, Liverpool, L33 7UT

Notified 27/07/2016

Mrs Jayne Christine Tully

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 57

Unit 12 Faraday Road, Britonwood Trading Estate, Liverpool, L33 7UT

Notified 24/06/2020

Former PSCs

Mrs Jayne Tully

Ceased 24/06/2020

Charges2 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 10/04/2026Registered 13/04/2026
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 27/02/2026Registered 03/03/2026
Charge
satisfied

HSBC UK BANK PLC

Created 28/03/2025Registered 10/04/2025Satisfied 13/05/2026
Charge
satisfied

HSBC UK BANK PLC

Created 06/03/2024Registered 11/03/2024Satisfied 13/05/2026
Charge
satisfied

HSBC UK BANK PLC

Created 18/11/2021Registered 19/11/2021Satisfied 20/03/2026
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 16/11/2021Registered 16/11/2021Satisfied 13/05/2026
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 22/05/2007Registered 24/05/2007Satisfied 12/03/2010
charge
satisfied

HSBC BANK PLC

Created 24/05/2001Registered 30/05/2001Satisfied 13/05/2026

CompanyRankvs 9155+ SIC 43999 peers
63

Financial strength93th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength23/25 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 30/06/2025

Net Worth

£495k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£170k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.2M

Fixed Assets

£1.4M

Debtors

£1.0M

9avg. employees+2

Tax at Year End

Corp tax£123k
VAT£93k

Director Loans

Company owes directors£349

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr K Tully 10 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.86+£202k£1.9M
20241.19+£123k
20231.54-£111k£518k
20221.39-£116k£110k
20212.95-£34k£37k
20202.18+£135k£1.6M
20191.78

Derived from filed accounts. Not audited figures.