Kutch Engineering Works Ltd
04789588
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/06/2003
METAL FABRICATOR
BRITISH · ENGLAND · Age 72
Also on 1 other board
Persons with Significant Control
Mr Premji Devshi Patel
British · England · Age 72
16, Minerva Road, London, NW10 6HJ
Notified 01/03/2018
CompanyRankvs 2661+ SIC 25110 peers41
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
-£154k
Balance sheet strength
Cash
£793
Cash in the bank
Net Current Assets
-£155k
Working capital
Current Assets
£56k
Current Liabilities
£212k
Fixed Assets
£16k
Debtors
£32k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.27 | -£89k | £205k |
| 2023 | 0.72 | -£28k | — |
| 2022 | 0.86 | -£38k | — |
| 2021 | 1.38 | -£19k | — |
| 2020 | 1.84 | +£41 | — |
| 2019 | 1.10 | +£284 | — |
| 2018 | 1.08 | — | — |
Derived from filed accounts. Not audited figures.