Pak Engineering Group Ltd
09120033
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 3 other boards
director · Since 28/09/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 3 other boards
Persons with Significant Control
Mr Guy George Levy
British · England · Age 51
Unit 2b, Snetterton Park, Harling Road, Norwich, NR16 2JU
Notified 03/04/2017
CompanyRankvs 5207+ SIC 70100 peers53
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/12/2024
Net Worth
-£158k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
£935k
Working capital
Current Assets
£1.1M
Current Liabilities
£151k
Fixed Assets
£9.5M
Debtors
£1.1M
Profit After Tax
-£656k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.19 | +£24k |
| 2023 | 51.28 | +£25k |
| 2021 | 126.49 | +£45k |
| 2020 | 30.44 | -£7k |
| 2019 | 20.61 | -£128k |
| 2018 | 12.37 | — |
Derived from filed accounts. Not audited figures.