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Bromfield Precision Engineering Ltd.

04327638

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

FARM COTTAGE SEVEN HILLS ROAD, IVER, SL0 0PB
Incorporated 23/11/2001

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr David Bromfield

director · Since 23/11/2001

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr David Bromfield

75–100% shares

British · England · Age 67

Farm Cottage, Seven Hills Road, Iver, SL0 0PB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/10/2014Registered 14/11/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2002Registered 16/01/2002Satisfied 06/02/2026

CompanyRankvs 5145+ SIC 25990 peers
29

Financial strength5th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength1/25 pts

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

Employees6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£25k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£30k

Current Liabilities

£104k

Fixed Assets

£151k

Debtors

£26k

2avg. employees

Tax at Year End

VAT£10k

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities£77k
Signed by Mr David Bromfield 16/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.29-£5k£206k
20230.40+£10k£185k
20220.51+£23k£141k
20210.37£69k

Derived from filed accounts. Not audited figures.