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Petann Engineering Ltd

06206321

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

SUITE 2, SOUTHPORT, PR9 0PG
Incorporated 10/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Peter Joseph Maguire

secretary · Since 10/04/2007

IRISH · ENGLAND · Age 63

Also on 1 other board

Mrs Margaret Anne Maguire

director · Since 10/04/2007

DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Peter Joseph Maguire

director · Since 10/04/2007

DIRECTOR

IRISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Peter Joseph Maguire

50–75% shares
50–75% votes

Irish · England · Age 63

Suite 2, 43-45 Hoghton Street, Southport, PR9 0PG

Notified 06/04/2016

Mrs Margaret Anne Maguire

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

Suite 2, 43-45 Hoghton Street, Southport, PR9 0PG

Notified 28/01/2021

Charges3 outstanding

charge
outstanding

HITACHI CAPITAL (UK) PLC T/AS HITACHI CAPITAL INVOICE FINANCE

Created 10/03/2010Registered 13/03/2010
charge
outstanding

ALLIANCE & LEICESTER PLC

Created 24/07/2007Registered 08/08/2007
charge
outstanding

LONDON SCOTTISH INVOICE FINANCE LIMITED

Created 02/07/2007Registered 09/07/2007

CompanyRankvs 99+ SIC 24100 peers
67

Financial strength69th percentile among SIC peers · 17/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.91× · 20/20
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 strength17/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/05/2025

Net Worth

£99k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£82k

Working capital

Current Assets

£125k

Current Liabilities

£43k

Fixed Assets

£76k

4avg. employees

Tax at Year End(2023)

Corp tax£20
VAT£4k

Director Loans(2023)

Directors owe company£2k

Balance Sheet

Assets less current liabilities£158k
Signed by Mr P J Maguire 04/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.91-£32k
20241.97+£34k
20231.46-£12k£83k
20221.94+£23k
20211.88

Derived from filed accounts. Not audited figures.