5am Engineering Limited
08945644
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Colin Bassett
British · England · Age 69
37, Bustleholme Lane, West Bromwich, B71 3BQ
Notified 18/03/2017
Ms Judith Bassett
British · England · Age 67
21, Smithmoor Crescent, West Bromwich, B71 3EZ
Notified 18/03/2017
CompanyRankvs 21427+ SIC 71129 peers32
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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 31/03/2025
Net Worth
-£56k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£59k
Working capital
Current Assets
£16k
Current Liabilities
£73k
Fixed Assets
£3k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.22 | +£6k |
| 2024 | 0.05 | -£22k |
| 2023 | 0.08 | +£3k |
| 2022 | 0.16 | -£20k |
| 2021 | 0.74 | -£1k |
| 2020 | 0.73 | -£17k |
| 2019 | 0.56 | — |
Derived from filed accounts. Not audited figures.