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Development Engineering And Enterprise Ltd

05460568

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT D GLEBE FARM WELSH ROAD, LEAMINGTON SPA, CV32 7UB
Incorporated 23/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30990
Manufacture of other transport equipment
45200
Maintenance and repair of motor vehicles
74100
Specialised design activities
74909
Other professional, scientific and technical activities

Officers

Mr Neil Stuart Mcadam

director · Since 23/05/2005

ENGINEER

BRITISH · UNITED KINGDOM · Age 53

Also on 6 other boards

Persons with Significant Control

Mr Neil Stuart Mcadam

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 53

Unit D Glebe Farm, Welsh Road, Leamington Spa, CV32 7UB

Notified 06/04/2016

CompanyRankvs 436+ SIC 30990 peers
46

Financial strength2th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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 30/04/2025

Net Worth

-£679k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£708k

Working capital

Current Assets

£130k

Current Liabilities

£839k

Fixed Assets

£60k

12avg. employees

Tax at Year End(2022)

VAT£36k

Director Loans(2022)

Company owes directors£266k

Balance Sheet

Assets less current liabilities-£649k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.16+£40k
20240.05-£135k
20230.08-£154k
20220.16-£164k£723k
20210.40

Derived from filed accounts. Not audited figures.