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Acorn Engineering Group Limited

04448904

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

AUDLEY HOUSE, LONDON, W1W 8JQ
Incorporated 28/05/2002

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Colin Powell

director · Since 01/01/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Ernest Michael Witchell

director · Since 01/01/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Darren James Ivor Milne Bsc Aca

director · Since 01/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 40 other boards

Persons with Significant Control

Mecsia Limited

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

Si1, Parsons Green, St. Ives, PE27 4AA

Reg: 13046139 · Companies House · Private Limited Company

Notified 19/05/2021

Former PSCs

Mr Graham Errington

Ceased 19/05/2021

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR EACH OF THE SECURED PART

Created 16/07/2024Registered 17/07/2024
Charge
satisfied

ROCKPOOL (SECURITY TRUSTEE) LIMITED

Created 12/07/2023Registered 17/07/2023Satisfied 06/08/2024
Charge
satisfied

ROCKPOOL (SECURITY TRUSTEE) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 29/07/2022Registered 01/08/2022Satisfied 06/08/2024
Charge
satisfied

CLYDESDALE BANK PLC

Created 19/05/2021Registered 24/05/2021Satisfied 06/08/2024
Charge
satisfied

ROCKPOOL (SECURITY TRUSTEE) LIMITED

Created 19/05/2021Registered 20/05/2021Satisfied 06/08/2024
charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 12/09/2003Registered 02/10/2003Satisfied 20/05/2021
charge
satisfied

RICHARD ALAN PEPERELL

Created 03/10/2002Registered 24/10/2002Satisfied 14/04/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/10/2002Registered 12/10/2002Satisfied 14/04/2021
charge
satisfied

EURO SALES FINANCE PLC

Created 03/10/2002Registered 09/10/2002Satisfied 31/03/2007

CompanyRankvs 4522+ SIC 70100 peers
44

Financial strength74th percentile among SIC peers · 19/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.18× · 2/20
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 strength19/25 pts

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

Employees13/15 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

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

have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Group's or the parent Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. OTHER INFORMATION The directors are responsible for the other inf

Key FinancialsYear ending 31/12/2019

Net Worth

£474k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£765k

Working capital

Current Assets

£169k

Current Liabilities

£934k

Fixed Assets

£1.2M

Debtors

£135k

Profit After Tax

-£2k

4avg. employees

Balance Sheet

Assets less current liabilities£474k
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent Ratio
20190.18

Derived from filed accounts. Not audited figures.