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Ark Precision Engineering Limited

03656964

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

10D BOYTON HALL FARM, CHELMSFORD, CM1 4LN
Incorporated 27/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Asma Karim

secretary · Since 27/10/1998

HOUSEWIFE

PAKISTANI · Age 52

Mr Abdul Karim

director · Since 27/10/1998

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Persons with Significant Control

Mr Abdul Karim

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 63

10d, Boyton Hall Farm, Chelmsford, CM1 4LN

Notified 01/07/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/10/2019Registered 15/10/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/07/2019Registered 02/08/2019
charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 01/12/2006Registered 02/12/2006
charge
satisfied

HSBC BANK PLC

Created 12/09/2002Registered 25/09/2002Satisfied 21/08/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/07/1999Registered 15/07/1999Satisfied 31/10/2006

CompanyRankvs 1063+ SIC 25110 peers
59

Financial strength73th percentile among SIC peers · 18/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.23× · 12/20
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 strength18/25 pts

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

Employees9/15 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 31/10/2024

Net Worth

£258k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£228k

Current Liabilities

£185k

Fixed Assets

£532k

4avg. employees

Balance Sheet

Assets less current liabilities£575k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23+£34k
20231.18+£54k
20220.94+£47k
20210.70

Derived from filed accounts. Not audited figures.