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N E C Engineering Limited

07417283

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 8 GLOVER CENTRE EGMONT STREET, ASHTON-UNDER-LYNE, OL5 9PY
Incorporated 25/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Martin Rigby

director · Since 28/06/2016

NONE

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Mark Trefor Burns

director · Since 28/06/2016

NONE

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Persons with Significant Control

Mr Martin Rigby

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 66

Unit 8 Glover Centre, Egmont Street, Ashton-Under-Lyne, OL5 9PY

Notified 26/06/2016

Mark Trefor Burns

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

British · England · Age 62

Unit 8 Glover Centre, Ashton Under Lyne, Mossley, OL5 9PY

Notified 26/06/2016

Former PSCs

Mrs Peggy Rigby

Ceased 13/02/2024

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 01/09/2016Registered 02/09/2016

CompanyRankvs 5066+ SIC 32990 peers
59

Financial strength74th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5066N E C Engineering Limited
65
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.

Employees14/15 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.

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 28/02/2025

Net Worth

£153k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£329k

Current Liabilities

£337k

Fixed Assets

£161k

Debtors

£131k

19avg. employees+15

Balance Sheet

Assets less current liabilities£153k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98+£33k
20240.86-£72k
20230.58—

Derived from filed accounts. Not audited figures.