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Onward Engineering Limited

08145211

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

105 POWDER MILL LANE, TWICKENHAM, TW2 6EG
Incorporated 17/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Preet Saini

secretary · Since 17/07/2012

Mr Hardit Singh Saluja

director · Since 17/07/2012

ENGINEERING

BRITISH · ENGLAND · Age 52

Also on 1 other board

Ms Preet Saini

director · Since 01/01/2016

ADMINISTRATOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Hardit Singh Saluja

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

British · England · Age 52

105, Powder Mill Lane, Twickenham, TW2 6EG

Notified 06/04/2016

Ms Preet Saini

25–50% shares
25–50% votes

British · England · Age 48

105, Powder Mill Lane, Twickenham, TW2 6EG

Notified 06/04/2018

CompanyRankvs 1008+ SIC 71129 peers
83

Financial strength94th percentile among SIC peers · 24/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 13.49× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/07/2025

Net Worth

£404k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£386k

Working capital

Current Assets

£416k

Current Liabilities

£31k

Fixed Assets

£18k

2avg. employees+1

Balance Sheet

Assets less current liabilities£404k
Signed by Mr Hardit Saluja 28 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202513.49+£33k
202417.41-£34k
202322.75

Derived from filed accounts. Not audited figures.