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Heronstone Engineering Limited

06658352

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 5 YNYSCEDWYN INDUSTRIAL ESTATE, SWANSEA, SA9 1DT
Incorporated 29/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr Stephen John Watkins

director · Since 29/07/2008

DIRECTOR

BRITISH · WALES · Age 64

Also on 3 other boards

Mr Joshua Watkins

director · Since 19/12/2023

COMPANY DIRECTOR

BRITISH · WALES · Age 36

Mr Samuel Watkins

director · Since 19/12/2023

COMPANY DIRECTOR

BRITISH · WALES · Age 27

Persons with Significant Control

Mr Stephen John Watkins

50–75% shares
50–75% votes

British · Wales · Age 64

Unit 5, Ynyscedwyn Industrial Estate, Swansea, SA9 1DT

Notified 01/07/2016

Former PSCs

Mrs Clare Elizabeth Mary Watkins

Ceased 18/09/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/06/2019Registered 24/06/2019

CompanyRankvs 33+ SIC 25940 peers
74

Financial strength80th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.15× · 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 strength20/25 pts

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

Employees14/15 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 31/07/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£469k

Working capital

Current Assets

£686k

Current Liabilities

£218k

Fixed Assets

£1.1M

Debtors

£424k

29avg. employees-1

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr Stephen Watkins 28/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.15-£129k
20233.41+£49k
20223.17+£1k
20213.29+£446k
20202.76+£82k
20193.64+£126k
20182.65

Derived from filed accounts. Not audited figures.