Westcut Engineering Limited
04411902
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/04/2002
ENGINEER
BRITISH · UNITED KINGDOM · Age 82
Also on 1 other board
Persons with Significant Control
Mr Richard Scott
British · United Kingdom · Age 82
Unit 16, Indus Acre, Avro Way, Melksham, SN12 6TP
Notified 06/04/2017
Mrs Patricia Anne Scott
British · United Kingdom · Age 80
Unit 16, Indus Acre, Avro Way, Melksham, SN12 6TP
Notified 06/04/2017
Mrs Lorna Scott
British · England · Age 71
Notified 06/04/2017
Mr Michael Scott
British · England · Age 37
1, Abacus House, Corsham, SN13 0BH
Notified 19/06/2026
Former PSCs
Mr John Edwin Scott
Ceased 06/04/2022
Mr Richard Scott
Ceased 10/04/2017
Mrs Patricia Anne Scott
Ceased 10/04/2017
Mrs Lorna Scott
Ceased 10/04/2017
Mr John Edwin Scott
Ceased 10/04/2017
CompanyRankvs 312+ SIC 25730 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Going concern The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue a
Key FinancialsYear ending 31/05/2025
Net Worth
£130k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£278k
Current Liabilities
£282k
Fixed Assets
£167k
Debtors
£180k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£41k |
| 2024 | 1.14 | -£176k |
| 2023 | 1.33 | -£45k |
| 2022 | 1.47 | -£127k |
| 2021 | 1.83 | — |
Derived from filed accounts. Not audited figures.