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Maughan Engineering Limited

03701517

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 THE PADDOCK, MORPETH, NE65 8EU
Incorporated 26/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Terence Maughan

secretary · Since 19/02/1999

ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Mr Terence Maughan

director · Since 19/02/1999

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Terence Maughan

25–50% shares
25–50% votes

British · England · Age 59

1, The Paddock, Morpeth, NE65 8EU

Notified 30/06/2016

Mrs Heather Maughan

25–50% shares
25–50% votes

British · England · Age 55

1, The Paddock, Morpeth, NE65 8EU

Notified 30/06/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 29/03/2011Registered 07/04/2011Satisfied 23/12/2022
charge
satisfied

BARCLAYS BANK PLC

Created 19/07/2002Registered 06/08/2002Satisfied 23/12/2022

CompanyRankvs 27897+ SIC 96090 peers
62

Financial strength97th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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27897Maughan Engineering Limited
62
How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/01/2026

Net Worth

£1.0M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£3k

Current Liabilities

£9k

Fixed Assets

£1.1M

1avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20260.37+£0
20260.37+£27k
20250.21-£9k
20241.75+£70k
20230.11—

Derived from filed accounts. Not audited figures.