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Outright Engineering Holdings Limited

03870096

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 8-9, LOWER CHERWELL STREET, OXFORDSHIRE, OX16 5AY
Incorporated 02/11/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Martin Ian Long

director · Since 02/11/1999

ENGINEERING

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Donald Ward

director · Since 01/10/2003

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Martin Ian Long

50–75% shares
50–75% votes

British · England · Age 64

2, Dagdale Drive, Didcot, OX11 7XP

Notified 06/04/2016

CompanyRankvs 5761+ SIC 70100 peers
49

Financial strength52th percentile among SIC peers · 13/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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5761Outright Engineering Holdings Limited
59
How is this score calculated?
Financial strength13/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. Despite a net current liabilities deficit, having reviewed the future trading and cash requirements of the company for at least 12 months from the date of signing these accounts, the director consid

Key FinancialsYear ending 30/09/2024

Net Worth

£14k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£54k

Current Liabilities

£117k

Fixed Assets

£87k

Debtors

£37k

5avg. employees-2

Balance Sheet

Assets less current liabilities£24k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.46+£8k
20230.58-£26k
20220.92-£116k
20211.75—

Derived from filed accounts. Not audited figures.