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Engam Limited

07434238

active
Private Limited Company
england wales
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

SOVEREIGN HOUSE, WORTHING, BN11 1TU
Incorporated 09/11/2010

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/05/2026

Due 15/05/2027

On track

Industry

28131
Manufacture of pumps

Officers

First Instance Secretariat Limited

secretary · Since 09/11/2010

BRITISH

Also on 263 other boards

Mr Magne Klemmet Loseth

director · Since 16/07/2015

COMPANY DIRECTOR

NORWEGIAN · NORWAY · Age 57

Persons with Significant Control

Mr Magne Klemmet Loseth

75–100% shares
75–100% votes
Appoint directors

Norwegian · Norway · Age 57

Sovereign House, 22 Shelley Road, Worthing, BN11 1TU

Notified 06/04/2016

CompanyRankvs 263+ SIC 28131 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.05× · 2/20
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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£130

Current Liabilities

£3k

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Magne Loseth 14th October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£0
2023-2.66-£895
2022-0.78-£593k
20212.48
2020100.43
2019102.73-£424k
201832.47

Derived from filed accounts. Not audited figures.