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John Mayes Engineers Limited

04571975

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ROMAN WAY, THETFORD, IP24 1XB
Incorporated 24/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

John Thornton Jones

secretary · Since 13/11/2002

DIRECTOR

BRITISH · Age 55

Mr John Junior Mayes

director · Since 13/11/2002

ENGINEER

BRITISH · ENGLAND · Age 83

Also on 1 other board

Mr John Thornton Jones

director · Since 16/03/2010

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Persons with Significant Control

Mr John Thornton Jones

25–50% shares
25–50% votes

British · England · Age 55

Roman Way, Thetford, IP24 1XB

Notified 06/04/2016

Mr John Junior Mayes

25–50% shares
25–50% votes
Appoint directors

British · England · Age 83

Roman Way, Thetford, IP24 1XB

Notified 06/04/2016

CompanyRankvs 41+ SIC 25620 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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

Key FinancialsYear ending 28/03/2025

Net Worth

£6.0M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£4.9M

Working capital

Current Assets

£5.5M

Current Liabilities

£582k

Fixed Assets

£1.3M

Debtors

£2.5M

35avg. employees+1

Tax at Year End(2022)

Corp tax£56k

Balance Sheet

Assets less current liabilities£6.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20259.41+£765k
202411.54+£183k
202315.86-£130k
202212.20

Derived from filed accounts. Not audited figures.