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Ack Engineering Ltd

08740833

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 18, CHELMSFORD, CM1 1SL
Incorporated 21/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Andrew Daniel Cunningham

secretary · Since 21/10/2013

Mr Laurence Gorden Anderson

director · Since 21/10/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Laurence Gorden Anderson

25–50% shares
25–50% votes

British · England · Age 65

99 Rectory Lane, Chelmsford, CM1 1RF

Notified 06/04/2016

Former PSCs

Mr Stephen Alfred Knight

Ceased 20/09/2019

Charges0 outstanding

Charge
satisfied

SHIRE INVOICE FINANCE LIMITED

Created 19/01/2022Registered 26/01/2022Satisfied 11/01/2023
Charge
satisfied

SHIRE INVOICE FINANCE LIMITED

Created 28/08/2018Registered 28/08/2018Satisfied 26/01/2022

CompanyRankvs 2322+ SIC 25110 peers
48

Financial strength6th percentile among SIC peers · 2/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity13 years trading (max 15) · 13/15
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.

Employees6/15 pts

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

Liquidity12/20 pts

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

Longevity13/15 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 31/10/2024

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£83k

Current Liabilities

£69k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£25k
20232.01

Derived from filed accounts. Not audited figures.