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Pacs Marine Engineering Ltd.

09167747

active
Private Limited Company
england wales
Companies House
Has charges
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

MARATHAN WORKS, MIDDLESBROUGH, TS1 5TG
Incorporated 08/08/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/08/2025

Due 03/09/2026

On track

Industry

25990
Manufacture of other fabricated metal products
49410
Freight transport by road

CompanyRankvs 14540+ SIC 25990 peers
77

Financial strength86th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.96× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

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

Liquidity16/20 pts

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

Longevity12/15 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 31/12/2024

Net Worth

£882k

Balance sheet strength

Cash

£195k

Cash in the bank

Net Current Assets

£743k

Working capital

Current Assets

£1.5M

Current Liabilities

£774k

Fixed Assets

£317k

Debtors

£1.3M

13avg. employees

Tax at Year End

Corp tax£226k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.96

Derived from filed accounts. Not audited figures.