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Area M Custom Engineering Ltd

07055780

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

19 BOULEVARD, WESTON-SUPER-MARE, BS23 1NR
Incorporated 23/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30990
Manufacture of other transport equipment

Officers

Mr Martin Douglas Bishop

director · Since 23/10/2009

ENGINEER

BRITISH · ENGLAND · Age 60

Mr Michael John Coward

director · Since 23/10/2009

ENGINEER

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Martin Douglas Bishop

25–50% shares

British · United Kingdom · Age 60

19, Boulevard, Weston-Super-Mare, BS23 1NR

Notified 06/04/2016

Mr Michael John Coward

25–50% shares

British · England · Age 63

19, Boulevard, Weston-Super-Mare, BS23 1NR

Notified 06/04/2016

CompanyRankvs 172+ SIC 30990 peers
76

Financial strength75th percentile among SIC peers · 19/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.81× · 16/20
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 strength19/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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 29/11/2024

Net Worth

£249k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£113k

Working capital

Current Assets

£253k

Current Liabilities

£140k

Fixed Assets

£135k

7avg. employees

Balance Sheet

Assets less current liabilities£249k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.81-£87k
20232.22

Derived from filed accounts. Not audited figures.