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Triangle Engineering Services Limited

05588423

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

CASSIDYS LIMITED SOUTH STOUR OFFICES, SOUTH STOUR ROAD, ASHFORD, TN25 7HS
Incorporated 11/10/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Neil Aubry Osborne

director · Since 11/10/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Cassidys Secretarial Services Limited

secretary · Since 14/07/2009

OTHER

Also on 10 other boards

Persons with Significant Control

Mr Neil Aubry Osborne

75–100% shares

British · United Kingdom · Age 58

Cassidys Limited, South Stour Offices, South Stour Road, Ashford, TN25 7HS

Notified 01/07/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/11/2005Registered 15/11/2005

CompanyRankvs 9416+ SIC 42990 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.76× · 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 strength1/25 pts

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

Employees11/15 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 31/10/2024

Net Worth

-£26k

Balance sheet strength

Cash

£456

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£84k

Current Liabilities

£111k

Fixed Assets

£25k

Debtors

£81k

3avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76-£8k
20230.74+£36k
20220.33-£13k
20210.66+£15k
20200.43-£48k
20190.75
20180.87

Derived from filed accounts. Not audited figures.