Armad Engineering Ltd
08352975
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ammar Ahmad
British · England · Age 57
91, Ryhall Road, Stamford, PE9 1UJ
Notified 01/04/2019
Former PSCs
Mrs Rana Ahmad
Ceased 06/04/2025
CompanyRankvs 44519+ SIC 41202 peers56
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£49k
Working capital
Current Assets
-£148k
Current Liabilities
-£90k
Fixed Assets
£35k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -1.65 | +£571 |
| 2024 | -3.54 | +£11k |
| 2023 | 0.44 | — |
Derived from filed accounts. Not audited figures.