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Upnorth Engineering Services Limited

04366405

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, KINGS COURT KINGSWAY SOUTH, GATESHEAD, NE11 0SH
Incorporated 04/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Stewart Alan Grierson

director · Since 26/03/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr John Alexander Francis Soulsby

director · Since 01/06/2015

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 8 other boards

Persons with Significant Control

Upnorth Group Limited

75–100% shares
75–100% votes
Appoint directors

Merlin House, Princesway, Gateshead, NE11 0NF

Reg: 11447565 · Companies House · Limited By Shares

Notified 24/09/2018

Former PSCs

Mr Stewart Alan Grierson

Ceased 24/09/2018

Charges1 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 07/03/2012Registered 08/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/11/2010Registered 03/12/2010Satisfied 15/02/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/02/2003Registered 25/02/2003Satisfied 15/02/2013

CompanyRankvs 1688+ SIC 71129 peers
59

Financial strength100th percentile among SIC peers · 25/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees4/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£5.7M

Balance sheet strength

Cash

£75k

Cash in the bank

Profit Before Tax

-£760k

Bottom line earnings

Net Current Assets

£5.4M

Working capital

Current Assets

£8.0M

Current Liabilities

£2.6M

Fixed Assets

£731k

Debtors

£7.8M

Admin Expenses

£7.2M

Profit After Tax

-£886k

1avg. employees

Tax at Year End

Corp tax£408k

People Costs

Wages & salaries£4.1M

Balance Sheet

Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.04+£0
20253.04-£886k
20241.89-£648k
20231.67+£1.2M
20221.88-£57k
20212.05

Derived from filed accounts. Not audited figures.