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Dowse Engineering Limited

05465506

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

10 BARTON ROAD, MILTON KEYNES, MK2 3JD
Incorporated 27/05/2005

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

30/07/2026

On track

Confirmation statement

Last: 27/05/2025

Due 10/06/2026

On track

Industry

25620
Machining

Officers

Mr Trevor James Dowse

director · Since 28/06/2005

ENGINEER

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Stephen Alan Walker

director · Since 01/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Nicholas Mark Welch

director · Since 01/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Trevor Dowse

Significant control

British · England · Age 57

10, Barton Road, Milton Keynes, MK2 3JD

Notified 07/05/2016

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 09/08/2021Registered 12/08/2021
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 10/01/2013Registered 17/01/2013Satisfied 09/08/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/01/2013Registered 09/01/2013Satisfied 29/10/2021
charge
satisfied

HSBC BANK PLC

Created 03/08/2009Registered 04/08/2009Satisfied 29/10/2021
charge
satisfied

HSBC BANK PLC

Created 28/07/2006Registered 01/08/2006Satisfied 19/11/2021

CompanyRankvs 532+ SIC 25620 peers
69

Financial strength79th percentile among SIC peers · 20/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.71× · 16/20
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 strength20/25 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.

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.

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 31/10/2024

Net Worth

£645k

Balance sheet strength

Cash

£286k

Cash in the bank

Net Current Assets

£754k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.1M

Fixed Assets

£1.6M

Debtors

£913k

22avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.71+£87k
20231.89+£68k
20221.04-£23k
20211.00+£116k
2020-£111k
2019+£15k

Derived from filed accounts. Not audited figures.