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Online Engineering Systems Limited

03933116

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

3RD FLOOR, BRIGHTON, BN1 4EA
Incorporated 24/02/2000

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 13/02/2025

Due 27/02/2026

Overdue

Industry

25620
Machining
25730
Manufacture of tools
28990
Manufacture of other special-purpose machinery

Officers

Mr Gordon George Watt

director · Since 24/11/2010

NONE

BRITISH · ENGLAND · Age 73

Also on 10 other boards

Humphrey Trustees Limited

secretary · Since 05/01/2011

BRITISH

Also on 7 other boards

Persons with Significant Control

Northend (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

7 - 9 The Avenue, Eastbourne, BN21 3YA

Reg: 07397196 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Mr Gordon George Watt

Significant control

British · United Kingdom · Age 73

7-9, The Avenue, Eastbourne, BN21 3YA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 28/06/2024Registered 28/06/2024
Charge
outstanding

ABN AMRO ASSET BASED FINANCE N.V.

Created 16/12/2019Registered 16/12/2019
Charge
satisfied

FINANCE FOR INDUSTRY LTD

Created 26/04/2018Registered 28/04/2018Satisfied 14/05/2024
charge
satisfied

VENTURE FINANCE PLC TRADING AS VENTURE FACTORS

Created 05/08/2011Registered 06/08/2011Satisfied 14/05/2024

Insolvency History1 case

creditors voluntary liquidation05/11/2025

Elias Paourou (practitioner) · Maxine Lea Reid-Roberts (practitioner)

CompanyRankvs 15+ SIC 25620 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£122k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£651k

Working capital

Current Assets

£1.1M

Current Liabilities

£439k

Fixed Assets

£201k

Debtors

£1.0M

13avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£852k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£68k
20230.96+£76k
20220.93-£35k
20211.02-£33k
20200.93+£124k
20190.78—

Derived from filed accounts. Not audited figures.