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Outright Engineering Cnc Machining Limited

05368513

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8-9 LOWER CHERWELL STREET, OXFORDSHIRE, OX16 8AY
Incorporated 17/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Martin Ian Long

director · Since 18/02/2005

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Donald Ward

director · Since 28/02/2005

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Julie Ward

secretary · Since 15/03/2006

BRITISH · Age 58

Persons with Significant Control

Outright Engineering Holdings Limited

75–100% shares
75–100% votes

Unit 8-9, Lower Cherwell Street, Banbury, OX16 5AY

Notified 06/04/2016

CompanyRankvs 1140+ SIC 25620 peers
64

Financial strength49th percentile among SIC peers · 12/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1140Outright Engineering Cnc Machining Limited
60
How is this score calculated?
Financial strength12/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/09/2024

Net Worth

£55k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£122k

Current Liabilities

£67k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.81+£21k
20231.57+£54k
20220.86+£48k
20210.63—

Derived from filed accounts. Not audited figures.