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Whessoe Engineering Limited

06453867

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

WHESSOE TECHNOLOGY CENTRE ALDERMAN BEST WAY, DARLINGTON, DL1 4WB
Incorporated 14/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Ms Jongran Kim

director · Since 17/01/2022

BUSINESS EXECUTIVE

SOUTH KOREAN · SOUTH KOREA · Age 57

Mr Seong Kon Kim

director · Since 10/01/2024

COMPANY DIRECTOR

SOUTH KOREAN · SOUTH KOREA · Age 60

Persons with Significant Control

Ms Jongran Kim

Significant control
significant-influence-or-control-as-firm

South Korean · England · Age 57

Whessoe Technology Centre, Alderman Best Way, Darlington, DL1 4WB

Notified 17/01/2021

Former PSCs

Mr Yi Heon Hyun

Ceased 17/01/2021

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 05/12/2008Registered 08/12/2008

CompanyRankvs 3560+ SIC 71129 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.71× · 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 strength25/25 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.

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 31/12/2025

Net Worth

£3.0M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£3.8M

Current Liabilities

£5.3M

Fixed Assets

£75k

Debtors

£1.0M

46avg. employees-1

Balance Sheet

Assets less current liabilities-£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71+£0
20240.86+£0
20230.80

Derived from filed accounts. Not audited figures.