Subc Engineering Limited
07294768
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
secretary · Since 10/06/2016
Former
secretary · Resigned 04/06/2015
secretary · Resigned 10/06/2016
Persons with Significant Control
Mr Colin Burney
British · Scotland · Age 68
32 Derby Street, Ormskirk, L39 2BY
Notified 13/05/2016
Mrs Yvonne Burney
British · Scotland · Age 64
Myersons Chartered Accountants, 32 Derby Street, Ormskirk, L39 2BY
Notified 14/12/2021
Charges1 outstanding
HSBC BANK PLC
Change History
Active
Private Limited Company
MYERSONS CHARTERED ACCOUNTANTS
ORMSKIRK
CompanyRankvs 2051+ SIC 82990 peers78
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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.
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 31/12/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£512k
Cash in the bank
Net Current Assets
£948k
Working capital
Current Assets
£1.1M
Current Liabilities
£200k
Fixed Assets
£305k
Debtors
£636k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.75 | -£20k |
| 2023 | 5.56 | +£224k |
| 2022 | 3.68 | +£134k |
| 2021 | 15.91 | -£16k |
| 2020 | 10.75 | +£681k |
| 2019 | 8.30 | +£0 |
| 2018 | 3.60 | — |
Derived from filed accounts. Not audited figures.