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Bingham Precision Engineers Limited

04987258

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

BROOM HOUSE 39/43 LONDON ROAD, BENFLEET, SS7 2QL
Incorporated 08/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Susan Ann Bingham

secretary · Since 08/12/2003

BRITISH

Mr William John Bingham

director · Since 08/12/2003

ENGINEER

BRITISH · ENGLAND · Age 71

Also on 1 other board

Persons with Significant Control

Mrs Susan Ann Bingham

25–50% shares
25–50% votes

British · England · Age 67

Broom House, 39/43 London Road, Benfleet, SS7 2QL

Notified 06/04/2016

Mr William John Bingham

25–50% shares

British · England · Age 71

Broom House, 39/43 London Road, Benfleet, SS7 2QL

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 16/02/2015Registered 24/02/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 18/08/2014Registered 22/08/2014
charge
outstanding

BARCLAYS BANK PLC

Created 30/09/2008Registered 03/10/2008

CompanyRankvs 13831+ SIC 71129 peers
42

Financial strength6th percentile among SIC peers · 2/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength2/25 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.

Liquidity6/20 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

-£11k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£141k

Current Liabilities

£167k

Fixed Assets

£11k

Debtors

£138k

5avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities-£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.84+£25k
20250.77+£33k
20240.58+£27k
20230.50

Derived from filed accounts. Not audited figures.