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Mako Precision Engineering Limited

06204818

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3, BILSTON, WV14 7DX
Incorporated 05/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Steven Ronald Drinkwater

secretary · Since 05/04/2007

DIRECTOR

ENGLISH · ENGLAND · Age 66

Also on 11 other boards

Mr Steven Ronald Drinkwater

director · Since 05/04/2007

DIRECTOR

ENGLISH · ENGLAND · Age 66

Also on 11 other boards

Mr Julian George Johnson

director · Since 05/04/2007

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mako Precision Engineering (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Unit 3, Hare Street, Bilston, WV14 7DX

Reg: 05637442 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/12/2017Registered 27/12/2017

CompanyRankvs 4194+ SIC 25990 peers
44

Financial strength54th percentile among SIC peers · 14/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.97× · 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 strength14/25 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.

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 31/03/2025

Net Worth

£50k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£342k

Current Liabilities

£352k

Fixed Assets

£62k

Debtors

£297k

1avg. employees-1

Tax at Year End(2022)

Corp tax£2k

Balance Sheet

Assets less current liabilities£52k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97+£19k
20241.02+£2k
20231.10+£48k
20221.05-£27k
20211.34-£33k
20201.28-£44k
20191.50

Derived from filed accounts. Not audited figures.