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Online Engineering Limited

05801590

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)

Details

21 BENWELL GRANGE AVENUE, NEWCASTLE UPON TYNE, NE15 6RP
Incorporated 02/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Stephen Ian Best

secretary · Since 02/05/2006

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Stephen Ian Best

director · Since 02/05/2006

ENGINEER

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Stephen Best

75–100% shares

British · United Kingdom · Age 52

21, Benwell Grange Avenue, Newcastle Upon Tyne, NE15 6RP

Notified 06/04/2016

CompanyRankvs 3033+ SIC 25110 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
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.

Employees4/15 pts

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

Liquidity0/20 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 31/05/2025

Net Worth

-£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

Current Liabilities

£20k

1avg. employees

Tax at Year End(2018)

Corp tax£13k

Balance Sheet

Assets less current liabilities-£20k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025+£0
20241.66-£20k
20230.51-£25k
20221.01-£6k
20211.24+£6k
20201.17-£9k
20190.68-£25k
20180.84

Derived from filed accounts. Not audited figures.