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Exeter Engineering Solutions Ltd

08861159

active
Private Limited Company
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

HIGHER PARK, TIVERTON, EX16 8LL
Incorporated 24/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
32990
Other manufacturing
71129
Other engineering activities

Officers

Mr David Jonathon Hodnett

director · Since 24/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr David Jonathon Hodnett

25–50% shares
25–50% votes

British · England · Age 35

Higher Park, Pennymoor, Tiverton, EX16 8LL

Notified 06/04/2016

Mr Aaron Burnett

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Higher Park, Pennymoor, Tiverton, EX16 8LL

Notified 06/04/2016

CompanyRankvs 909+ SIC 29320 peers
49

Financial strength7th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.72× · 6/20
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.

Employees13/15 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.

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 31/03/2025

Net Worth

-£31k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£187k

Current Liabilities

£259k

Fixed Assets

£54k

7avg. employees

Balance Sheet

Assets less current liabilities-£18k
Signed by Mr David Hodnett 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.72+£0
20250.72+£22k
20240.60+£18k
20231.04—

Derived from filed accounts. Not audited figures.