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King Vehicle Engineering Limited

05543840

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)
  • Going concern doubt noted in accounts (-10)

Details

HW MARTIN FORDBRIDGE LANE, ALFRETON, DE55 5JY
Incorporated 23/08/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Robin Roy Akers

director · Since 22/01/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 50

Also on 14 other boards

Mr David Mark Shaw

director · Since 01/08/2025

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Mrs Marie Claire Walters

director · Since 01/08/2025

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 46

Also on 15 other boards

Persons with Significant Control

H W Martin Holdings Limited

75–100% shares

Martin Group Of Companies, Fordbridge Lane, Alfreton, DE55 5JY

Reg: 02941889 · England And Wales · Limited Company

Notified 16/06/2016

CompanyRankvs 3753+ SIC 70100 peers
61

Financial strength38th percentile among SIC peers · 10/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3753King Vehicle Engineering Limited
67
How is this score calculated?
Financial strength10/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group or Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going conce

Key FinancialsYear ending 31/07/2022

Net Worth

£475

Balance sheet strength

Cash

£337k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£3.9M

Current Liabilities

£2.5M

Fixed Assets

£3.1M

Debtors

£3.6M

Profit After Tax

£1.4M

77avg. employees

People Costs(2021)

Wages & salaries£2.8M
NI contributions£293k

Balance Sheet

Intangible assets£23k
Assets less current liabilities£4.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20221.56
20211.32

Derived from filed accounts. Not audited figures.