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Md Engineering (Wirral) Limited

04656146

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

28-30 GRANGE ROAD WEST, WIRRAL, CH41 4DA
Incorporated 04/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr David Westlake

secretary · Since 04/02/2003

MECHANICAL FITTER

BRITISH · UNITED KINGDOM · Age 63

Also on 5 other boards

Mr David Westlake

director · Since 04/02/2003

MECHANICAL FITTER

BRITISH · UNITED KINGDOM · Age 63

Also on 5 other boards

Maureen Diane Westlake

director · Since 04/02/2003

CASHIER

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr David Westlake

50–75% shares

British · England · Age 63

28-30 Grange Road West, Wirral, CH41 4DA

Notified 06/04/2016

Mrs Maureen Diane Westlake

25–50% shares

British · England · Age 61

28-30 Grange Road West, Wirral, CH41 4DA

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/05/2003Registered 07/05/2003

CompanyRankvs 200+ SIC 25110 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.6× · 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 strength22/25 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.

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 31/03/2026

Net Worth

£919k

Balance sheet strength

Cash

£783k

Cash in the bank

Net Current Assets

£845k

Working capital

Current Assets

£1.1M

Current Liabilities

£235k

Fixed Assets

£117k

Debtors

£248k

14avg. employees-1

Balance Sheet

Assets less current liabilities£962k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20264.60+£8k
20254.44+£19k
20244.80+£27k
20234.37+£49k
20224.14+£119k
20213.00

Derived from filed accounts. Not audited figures.