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Vetus Engineering Ltd

09366168

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

34 BOULEVARD, WESTON-SUPER-MARE, BS23 1NF
Incorporated 23/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Dr Nevill Piers Blakeney-Edwards

director · Since 23/12/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 87

Also on 1 other board

Mr Robert William Stuart Matthews

director · Since 23/12/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 7 other boards

Persons with Significant Control

Mrs Pauline Margaret Blakeney-Edwards

25–50% shares
25–50% votes

British · United Kingdom · Age 77

Warren Cottage, Winthill, Banwell, BS29 6NW

Notified 06/04/2016

Mr Robert William Stuart Matthews

25–50% shares
25–50% votes

British · United Kingdom · Age 83

Hill Farm, Blacksmiths Lane, Bridgwater, TA7 9LZ

Notified 23/02/2019

Former PSCs

Mrs Meriel Matthews

Ceased 23/02/2019

CompanyRankvs 323+ SIC 29320 peers
73

Financial strength69th percentile among SIC peers · 17/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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323Vetus Engineering Ltd
72
How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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

£19k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£36k

Current Liabilities

£17k

Fixed Assets

£1

Debtors

£579

2avg. employees
Signed by 09366168 2024-01-01 2024-12-31 09366168 2024-12-31 09366168 core:RetainedEarningsAccumulatedLosses 2024-12-31 09366168 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.14-£3k
20232.51+£495
20222.23-£10k
20213.37—

Derived from filed accounts. Not audited figures.