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Ultimate Engineering Limited

07351571

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OLD WORKSHOP, SHEFFIELD, S11 9PA
Incorporated 20/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
25990
Manufacture of other fabricated metal products
28220
Manufacture of lifting and handling equipment
74100
Specialised design activities

Officers

Mr Adam William Thompson

director · Since 20/08/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Adam William Thompson

75–100% shares

British · United Kingdom · Age 37

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 20/08/2016

CompanyRankvs 1998+ SIC 25620 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.89× · 6/20
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 strength2/25 pts

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

Employees1/15 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 31/08/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£22k

Current Liabilities

£25k

Fixed Assets

£320

0avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£417
20240.91+£283
20230.89+£777
20220.87
20210.99
20200.92

Derived from filed accounts. Not audited figures.