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Ipswich Engineering Company Limited

04225630

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 2B, IPSWICH, IP1 5NP
Incorporated 31/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr David James Pratt

director · Since 31/05/2001

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Mr Daniel Sidney Palmer

director · Since 14/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

David Marshall French

director · Since 15/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Daniel Sidney Palmer

25–50% shares
25–50% votes

British · United Kingdom · Age 76

Unit 2b, Goddard Road, Ipswich, IP1 5NP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 21/04/2005Registered 26/04/2005

CompanyRankvs 2162+ SIC 43290 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.65× · 16/20
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 strength21/25 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.

Liquidity16/20 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 30/11/2024

Net Worth

£86k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

£73k

Working capital

Current Assets

£185k

Current Liabilities

£112k

Fixed Assets

£23k

Debtors

£102k

6avg. employees

Tax at Year End(2021)

Corp tax£25k

Balance Sheet

Assets less current liabilities£96k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.65+£32k
20231.43+£30k
20221.43+£31k
20211.22
20201.49
20190.75-£27k
20180.98

Derived from filed accounts. Not audited figures.