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Algernon Precision Engineering Limited

04251446

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

RWCO VALLEY HOUSE, GATESHEAD, NE11 0JW
Incorporated 12/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Beverley Jane Watson

secretary · Since 12/07/2001

MODEL MAKER

BRITISH · Age 60

Also on 1 other board

Graeme Jeffrey Watson

director · Since 12/07/2001

ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr Graham Watson

25–50% shares

British · England · Age 67

Rwco, Valley House, Gateshead, NE11 0JW

Notified 12/07/2016

Mrs Beverley Watson

25–50% shares

British · England · Age 60

Rwco, Valley House, Gateshead, NE11 0JW

Notified 12/07/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/08/2012Registered 21/08/2012

CompanyRankvs 53+ SIC 28150 peers
65

Financial strength77th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength19/25 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.

Liquidity12/20 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 29/09/2025

Net Worth

£442k

Balance sheet strength

Cash

£196k

Cash in the bank

Net Current Assets

£149k

Working capital

Current Assets

£524k

Current Liabilities

£376k

Fixed Assets

£632k

Debtors

£298k

23avg. employees+2

Balance Sheet

Assets less current liabilities£780k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40-£154k
20241.72+£18k
20231.71+£78k
20221.43+£91k
20211.27

Derived from filed accounts. Not audited figures.