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Gr8 Engineering Limited

07290976

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

62 THE STREET, RUSTINGTON, BN16 3NR
Incorporated 22/06/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Mrs Debra Jane Clarke

director · Since 22/06/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Peter Reginald Clarke

director · Since 23/06/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Persons with Significant Control

Mrs Debra Jane Clarke

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

British · United Kingdom · Age 66

62 The Street, Rustington, BN16 3NR

Notified 06/04/2016

Mr Peter Reginald Clarke

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

British · United Kingdom · Age 75

62 The Street, Rustington, BN16 3NR

Notified 06/04/2016

CompanyRankvs 503+ SIC 25730 peers
46

Financial strength2th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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503Gr8 Engineering Limited
42
How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

-£108k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£68k

Current Liabilities

£123k

Fixed Assets

£39k

3avg. employees

Balance Sheet

Assets less current liabilities-£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55-£72k
20230.54—

Derived from filed accounts. Not audited figures.