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High Speed Engineering Limited

04190653

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 22 SPARTAN INDUSTRIAL ESTAT, WEST BROMWICH, B70 0DH
Incorporated 30/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Ravinder Phull

secretary · Since 30/03/2001

BRITISH · Age 55

Also on 2 other boards

Mr Ravinder Singh Phull

director · Since 30/03/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Mr Kehar Singh

director · Since 30/03/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Persons with Significant Control

Mr Ravinder Singh Phull

25–50% shares

British · United Kingdom · Age 55

Unit 22 Spartan Industrial Estat, West Bromwich, B70 0DH

Notified 01/01/2017

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/10/2011Registered 02/11/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/2001Registered 02/05/2001Satisfied 17/04/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/2001Registered 02/05/2001Satisfied 17/04/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/2001Registered 02/05/2001Satisfied 17/04/2010

CompanyRankvs 410+ SIC 71129 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.44× · 20/20
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 strength24/25 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.

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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£734k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£489k

Working capital

Current Assets

£829k

Current Liabilities

£340k

Fixed Assets

£250k

10avg. employees-5

Balance Sheet

Assets less current liabilities£739k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.44+£67k
20243.05+£101k
20231.97-£2k
20221.93+£132k
20212.00+£121k
20201.67+£36k
20191.40

Derived from filed accounts. Not audited figures.