Nationwide Engineering & Tools Ltd
07152221
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 8 other boards
director · Since 12/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Vivek Maripudi
American · United States · Age 59
1 & 2 Mercia Village, Torwood Close, Coventry, CV4 8HX
Notified 12/01/2024
Amsasara Limited
1 & 2 Mercia Village, Torwood Close, Coventry, CV4 8HX
Reg: 10848990 · England · Private Limited Company
Notified 12/01/2024
M & S Private Equity Limited
Josephs Well Suite 2c, Hanover Walk, Leeds, LS3 1AB
Reg: 12232255 · England · Private Limited Company
Notified 12/01/2024
Srask Limited
71-75, Shelton Street, London, WC2H 9JQ
Reg: 14052171 · England · Private Limited Company
Notified 12/01/2024
Former PSCs
Mr David Charles
Ceased 12/01/2024
CompanyRankvs 1820+ SIC 25620 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£273k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£300k
Working capital
Current Assets
£119k
Current Liabilities
£419k
Fixed Assets
£34k
Debtors
£32k
Profit After Tax
-£239k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.28 | +£0 |
| 2025 | 0.28 | -£239k |
| 2024 | 0.74 | -£39k |
| 2023 | 0.91 | +£38k |
| 2022 | 0.76 | — |
Derived from filed accounts. Not audited figures.