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G W Engineering (Lincs) Ltd

04651246

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

70 WEST STREET, CROWLAND, PE6 0ED
Incorporated 29/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Louise Elisabeth Wycherley

secretary · Since 29/01/2003

BRITISH · Age 58

Also on 1 other board

Gary Wycherley

director · Since 29/01/2003

DIRECTOR

BRITISH · ENGLAND · Age 61

Mrs Louise Elisabeth Wycherley

director · Since 01/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Gary Wycherly

75–100% shares

British · England · Age 61

70, West Street, Crowland, PE6 0ED

Notified 17/05/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 10/03/2003Registered 27/03/2003

CompanyRankvs 51+ SIC 24200 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.29× · 20/20
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 strength21/25 pts

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

Employees10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£501k

Balance sheet strength

Cash

£498k

Cash in the bank

Net Current Assets

£452k

Working capital

Current Assets

£538k

Current Liabilities

£86k

Fixed Assets

£64k

Debtors

£40k

2avg. employees

Balance Sheet

Assets less current liabilities£517k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.29+£106k
20245.70+£67k
20234.88
20224.86
20214.55
20203.88
20192.79

Derived from filed accounts. Not audited figures.